ofit, d sales for 125 PR 6-2A LIFO perpetual inventory The beginning inventory at Midnight Supplies and data on purchases and sales month period are shown in Problem 6-1A. Instructions 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inve similar to the one illustrated in Exhibit 4, using the last-in, first-out method. 2. Determine the total sales, the total cost of goods sold, and the gross profit from som period. 3. Determine the ending inventory cost as of March 31. petual inventory ATE dellen Per Date Jan. 1 $ 10 28 30 Transaction Inventory Purchase Sale Sale Number of Units 7,500 22,500 11,250 3,750 sob. 5 Sale 1,500 10 16 28 5 Purchase Sale Sale Purchase Sale Purchase Sale 54,000 27,000 25,500 45,000 30,000 7,500 26,250 Unit $ 75.00 85.00 150.00 150.00 150.00 87.50 160.00 160.00 89.50 160.00 90.00 160.00 Total 562,500 1,912,500 1,687,500 562,500 225,000 4,725,000 4,320,000 4,080,000 4,027,500 4,800,000 675,000 4,200,000 25 30 (