Name: Class: Financial Accounting ACCII-Professor Horowitz - Test 2 - FallA 4. Beginning inventory, purchases, and sales data for tennis rackets are as to April Inventory $45 S47 11 Purchase 14 Sale 21 Purchase 25 Sale 12 units @ 13 units a 18 units 9 units@ 10 units S60 Complete the inventory cost card assuming the business maintains a perpetual inventory system an merchandise sold and ending inventory using LIFO Cost of Merchandise Sold Purchases Unit Total Date Qty. CostCost Qty. Cost Cost Qty. Cost Cost Unit Total Unit Total Balances