Famous Sportwears uses the LIFO inventory method. Famous Sportwears started August with 6 helmets that cost $59 each. On August 19, Famous Sportwears bought 11 helmets at $58 each. On August 28, Famous Sportwears sold 8 helmets. Prepare a perpetual inventory record for Famous Sportwears. Start by entering the opening inventory balance. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) LIFO: Purchases Inventory on hand Cost of goods sold Unit Total Unit Total Unit Total Date Qty Cost Cost Qty Cost Cost Qty Cost Cost Aug 1 19 28 Total