Metlock Company sells one product. Presented below is information for January for Metlock Company Jan 1 4 11 13 20 27 Inventory Sale Purchase Sale Purchase Sale 110 units at $5 each 87 units at $8 each 156 units at $6 each 126 units at $9 each 155 units at $6 each 99 units at $10 each Metlock uses the FIFO cost flow assumption. All purchases and sales are on account Assume Metlock uses a periodic system. Prepare all necessary journal entries, including the end-of-month closing entry to record cost of goods sold. A physical count indicates that the ending inventory for January is 109 units. (If no entry is required, select "No entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit >