Golf Haven carries an inventory of putters and other golf clubs. The sales price of each putter is $143. Campany records indicate the following for a particular line of Golf Haven's putters: (Click the loon to view the records.) Read the requirements. Requirement 1. Prepare a perpetual Inventory record for the putters assuming Golf Haven uses the FIFO Inventory costing method. Then Identify the cost of ending inventory and cost of goods sold for the month. Start by entering the beginning inventory balances. 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.) Requirements Purchases Unit Cost of Goods Sold Inventory on Hand Date Apr. 1 Quantity Cost Total Cost Quantity Unit Cost Total Unit Total Cast Quantity Cost Cost 20 $ 70 $ 1,400 1. Apr. 6 16 $ 70 $ 1,120 4 $ 70 $ Apr. 8 30 S 87 $ 2.610 4 $ 70 $ 30 $ 87 $ 280 280 2,610 Apr. 17 Data table 30 87 Date Apr. 1 Item Balance Quantity Unit Cost 20 $ 70 Apr. 6 Sale 16 Apr. 8 Apr. 17 Purchase 30 87 Sale 30 Apr. 30 Sale 2 Prepare a perpetual inventory record for the pulters assuming Golf Haven uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Golf Haven's inventory transactions using the FIFO inventory costing method. (Assume purchases and sales are made on account.) Print Done