Modern Dcor Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500. During the month, Modern Dcor purchased and sold merchandise on account as follows: Pune Purchase of $750 each 14 e of 1,150 each IN Pure 30 of 275 cach 22 Sofa SI200 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. Purchases 1 Cost of Goods Sold Inventory on Hand Quant Unit Total Quant Unit Total Quant Unit Total Cost Cost Cost Cost Cost Cost Date 2 McClain Designs Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500. During the month, McClain Designs purchased and sold merchandise on account as follows: Pune Purchase 23 salas 5750 each 14 Sale of 1.150 each 1 Purchase 90 sofas 5775 cach 27Sale 15 sofas $1.200 Prepare a perpetual inventory record, using the weighted- average inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Purchases I Cost of Goods Sold Inventory on Hand Quant Unit Total Quant Unit Total Quant Unit Total Cost Cost Cost Cost Cost Cost Date