Pams Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 170 items at $85 each. The company uses the FIFO cost flow assumption and keeps perpetual inventory records. Date Transaction Description Mar. 5 Purchased 150 items @ $ 95 Apr. 10 Sold 95 items @ $ 185 June.19 sold 165 items @$185 September .16 purchased 100 items @ $100 November. 28 sold 85 items @ $190