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6 0 3 points Required Information (The following information applies to the questions displayed below) Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 25 units for $25 each. Purchases on December 7 15 unito e 510.00 coat Purchases on December 14 30 units $15.00 coat Purchases on December 21 25 units $18.00 coat Book Hint Print References Of the units sold, 12 are from the December 7 purchase and 13 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. Specific identification Goods Available for Sale Cost of Goods Sold # of Cost of Goods Cost per Cost Mof units Available for units Cost of unit Sale sold per unit Goods Sold Ending Inventory # of units in ending Cost per Ending unit Inventory Inventory Purchases: December 7 December 14 December 21 Total