m #1. First-in, First Out (FIFO) Perpetual Inventory (20 points) Furniture Co. sells tables for $125 each. The following transactions occurred during the month aary. d: Record the transactions in the table provided using the FIFO perpetual inventory system. # of Units Date Feb. 1 10 $ Total S Price Per Unit $80 Transaction Type Inventory (Begi Sale ) $14.400 $15.000 S125 582 $125 12 Purchase 15 Sale 22Purchase 25 Sale $32.800 $37,500 $25,200 $34,375 $125 PURCHASES INVENTORY COST OF MERCHANDISE SOLD Quantity Unit Total Cost Quantity Unit Total Cost Quantity Unit Total Cou Transaction Type Laventory Cost I Cost 180 $30 $14,400 Beg Balance Sale 120 $80 $9.600 Purchase 400 $32,800