Golfer's Favorite carros an inventory of putters and other golf clubs. The sales pnce of each putter is 5151 Company records indicate the following for a particular line of Golfer's Favorite's putlers Click the icon to view the records) Read the requirements Requirement 1. Prepare a perpetual inventory record for the putters assuming Golfer's Favorite uses the FIFO inventory costing method Then identity 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) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Quantity Cost Cost Quantity Cost Quantity Cost Cost Cost Date Nov 1 Data table Date Item Quantity Unit Cost Nov. 1 Balance 15 $ 75 Nov. 6 Sale 10 Nov. 8 Purchase 20 80 Nov. 17 Sale 20 Nov. 30 Sale 2 Print Done