Jun. 3 Sold 36 units for $140 each. Jun. 16 Purchased 50 units at $63 each. Jun. 23 Sold 40 units for $140 each. Dive Watch speclalces in designer watches and leather goods. Dive Watch uses the perpetual inventory system. Assume Dive Watch began June holding 66 wristwatches that cost $55 each, During June, Dive Watch bought and sold ieventory as follown: Cick the icon to view the transacions.) Read the requidements Requirement 1. Prepare a perpehual inventory record for Dive Wakch using the FIFO, LFO, and weighted.average invertory costing tnethods: Begh by preparing a perpetual imventory record using FIFO, Start by entering the begiming inventory balandes. Entor the transactions ir chronological order, calculating new invertory on hand balances afioc each transaction. Once al of the transactions have been entered inta the perpetual record, calculate the quantly and total cost of merchandise imventory purchased, sold, and on han at the end of the period. (Enter the oldest inventory layers fint.)