Help Required information [The following information applies to the questions displayed below) Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a periodic Inventory system. Also, on December 15, Monson sells 25 units for $25 each. Purchases on December 7 15 units @ $10.00 cost Purchases on December 14 30 units @ $15.00 cost Purchases on December 21 25 units @ $17.00 cost Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. Periodic LIFO: Cost of Goods Available for Salo Cost of Goods Sold Cost per Cost of Goods # of Cost # of units Cost of unit Available for units per unit Goods Sold Sale sold Inventory Balance # of units Cost per Ending in ending unit Inventory inventory Purchases: December 7 $ 0 $ 0.00 $ Olo 0 0.00 December 14 December 21 Total 0 $ 0.00 $ 0 0 $ 0 $ 0