Pequired information E7-12 (Algo) Using FIFO for Multiproduct Inventory Transactions (Chapters 6 and 7) [LO 6-3, LO 6-4, LO 7. 3] (The following information applles to the questions displayed below]. Find Me incorporated, (F) has developed a coin-sized tracking tog that attaches to key rings, wallets, and other items and can be prompted to emit a signal using a smartphone app. Fi sells these tags, as well as wates-resistant cases for the tags, weh terms FOB shipping point. Assume Fi has no inventory at the beginning of the month, and it has outsourced the production of its tags and cases. Fl uses FFO and has entered into the following transactions: Jamany 6. FI paid eanh for the tago parehaned fros 3y os Jasaary 2 . acecotit. January 1181 parchased and recelved 410 tagn from Dy at a cost nt thi per tag, n/15. Januaty 14 FI purchased and recelved 710 caned tros ap at a cost of 54 per cape, A/20. Januacy 16 Ft pald cash foe the cates parchased froa me on Jasuary 4. E7-12 (Algo) Part 1 Requilred: 1. Prepare journal entries for each of the above dotes, assuming Fl uses a perpetual inventory system, (If no entry is required for a transaction/event, select "No Journdi Entry Required" in the first account field.)