Lily Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Price May 7 July 28 50 30 $11 15 On June 1, Lily sold 20 units, and on August 27, 40 more units. Your answer is correct. Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answers to O decimal places, e.g. 1,250.) Product E2-D2 Purchases Cost of Goods Sold Date Balance May 7 550 550 June 1 0 220 330 July 28 450 780 Aug. 27 390 390 Click if you would like to Show Work for this question: Open Show Work