More Info Dec. 1 Beginning merchandise inventory 11 Purchase 23 Sale 20 tires @ 8 tires @ 15 tires @ 13 tires @ 15 tires @ $ $ $ $ $ 66 each 73 each 86 each 84 each 86 each 26 Purchase 29 Sale Print Done Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Dec. 1 8 $ 73 $ 584 Quantity Cost Cost 20$ 66 $ 1,320 20 $ 66 $ 1,320 $ 73 $ 584 $ 66 $ 330 0 A 15 $ 66 $ 990 0 0 584 26 13 $ 84 $ 1,092 0 330 A 0 A $ 73 $ 84 $ 84 $ $ $ 11 | $ C 584 1,092 924 A a A 330 oo 5 $ $ $ A 66 $ 73 $ 84$ $ In 584 168 2,072 $ 21 1,676 $ Totals 924 Compute gross profit using the FIFO inventory costing method. Compute gross profit using the FIFO inventory costing method. Gross profit is $ using the FIFO inventory costing method