Homework: Unit 4 Assignment 2 Save Score: 0 of 15 pts 4 of 4 (0 complete) HW Score: 0%, 0 of 45 pts P6-28A (similar to) Question Help O Athletic World began January with merchandise Inventory of 65 crates of vitamins that cost a total of $3,835. During the month, Athletic World purchased and sold merchandise on account as follows: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory existing method, Enter the transactions in chronological order, calculating now inwentary on hand balances after each transaction. Once allaf the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. Enter the oldest inventory layers first) Purchases Unit Total Cost of Goods Sold Unit Total Quantity Cost Cost Inventory on Hand Total Quantity Cost Cost Unit Data Table Date Quantity Cost Cost Jan 5 Purchase 13 Sale 18 Purchase 28 Sale 145 crates @ 160 crates 170 crates 175 crates $ $ $ $ 80 each 100 each 90 each 118 each Print Done Totals