Edge Co., a toy manufacturer, is in the process of preparing its financial statements for the year ending December 31, 20X1. Edge expects to issue its 20x1 financial statements on March 1, 20x2. Edge is in the process of determining if certain information needs to be included in the financial statements and if adjustments need to be made. This assumes that Edge uses a perpetual inventory system. As of the beginning of December 20x1, Edge Co. decided to purchase certain toys for resale for the holiday season (they are not manufacturing them). The table below shows details on purchases and sales for the month of December 20X1. Complete the indicated cells of the table in order to determine the total purchases, cost of goods sold for the month, and ending inventory balance as of December 31, 20X1, using the LIFO method. PURCHASES SALES INVENTORY Cost in Cost in Number Total Number Cost in $ Total Number Total $ $ 12/1/X1 400 12/6/X1 100 12.00 11.00 100 12/12/X1 12/14/X1 12/16/X1 50 150 10.00 12/18/X1 500 14.00 12/20/X1 300 12/24/X1 500 @ @ 50 12/26/X1 Totals