Wildhorse Company sells one product. Presented below is information for January for Wildhorse Company. Inventory 118 Sale 93 Purchase 165 Sale Purchase Sale Jan. 1 4 11 13 20 27 units at $5 each units at $8 each units at $6 each 136 units at $9 each 163 units at $7 each 104 units at $11 each. Wildhorse uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Wildhorse uses a perpetual system. Prepare all necessary journal entries. (If no entry is required, select "No entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date. Jan. 4 Jan. 11 Account Titles and Explanation Accounts Receivable Sales Revenue (To record the sale) Cost of Goods Sold Inventory (To record the cost of inventory) Inventory Accounts Payable Debit Credit