Cortland Cycles started October with $13$ bicycles that cost $$42$ each. On October $16,$ Cortland purchased, on account, $38$ bicycles at $$67$ each. On

October $31,$ Cortland sold $32$ bicycles for $$90$ each.

a$.$ Prepare Cortland Cycles' perpetual inventory record, assuming the company uses the specific identification inventory costing method. Assume

that Cortland sold $11$ bicycles that cost $$42$ each, and $21$ bicycles that cost $$67$ each.

b$.$ Journalize the October $16$ purchase of inventory and the October $31$ sale of inventory.