Crane Company sells one product. Presented below is information for January for Crane Company. Nov. 1 Inventory 320 units at $11 each 220 units at $12 each 5 Purchase 10 Sale 460 units at $18 each 460 units at $11.50 each 15 Purchase 21 Sale 490 units at $19 each 30 Purchase 310 units at $11.80 each Crane uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Crane uses a periodic system. Prepare all necessary journal entries, including the end-of-month closing entry to record cost of goods sold. A physical count indicates that the ending inventory for November is 360 units. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account tities are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Nov.5 Purchases 2640 Accounts Payable 2640 Nov. 10 V Accounts Receivable 8280 Sales Revenue 8280 Nov. 15