FIFO Perpetual Inventory The beginning inventory of merchandise at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows: Number of Units Date Transaction Total Per Unit $225 Apr. 3 Inventory 72 $16,200 8 Purchase 270 38,880 72.000 11 Sale 30 Sale 45,000 36,000 May 8 Purchase 10 Sale 54,000 19 Sale 27,000 39.600 28 Purchase June 5 Sale 56,880 16 Sale 75,840 21 Purchase 77,760 85,320 28 Sale 790 Required: 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one ilustrated in Ext , using the first in, first-out method. Under FIFO, If units are in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit Cost column and in the Inventory Unit Cost column