Gulf United cames an inventory of putters and other golf clubs. The sales price of each putter is $144 Company records indicate the following for a particular line of Golf Unlimited's pu (Cack the loon to view the reconds 3 Reat the users Data table Requirement 1. Prepare Golf Unlimited's perpetual inventory record for the puters assuming Golff Unlimited uses the LIFO inventory costing method. Then idently t Start by entering the beginning inventory balances Enter the transactions in chronological order, calculating new inventory on hand balances at each calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. Ender the oldest inventory first Date Quantity Unit Cost Sep. 1 Sep. 6 10 80 Sale 14 Purchases Cost of Goods Sold Date Sep. 1 Quantity Unit Cost Total Cost Unit Total Quantity Cost Cost Quantity Inventory on Hand Unit Cost Sep. Punchine 50 91 Total Sep. 17 Sale 50 Cost Sep. 30 Sale Sep Sep. Print Done Requirements Sep 17 Sep. 30 Total identify the cost of ending inventory for the month The cost of ending inventory using the LIFO method Identify the cost of goods sold for the month The cost of goods solt using the LIFO method is 1. Prepare Golf Unlimited's perpetual inventory recond for the puters assuming Got Unlimited uses the LIFO inventory costing method. Then identify the 1 cost of ending inventory and cost of goods sold for the month 2. Journal of Unlimited's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account) Print Done x