Periodic Inventory by Three Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows Purchases Invoices Model Inventory, January 1 Inventory Count, 1st 2nd 3rd December 31 A10 4 at $ 31 4 at $34 4 at $37 B15 at $83 4 at 74 3 at 6 at 07 E60 3 at 67 3 at 57 15 at 60 9 at 62 7 at 235 6 at 243 5 at 253 10 at 252 334 12 at 04 10 at 06 16 at 93 16 at 94 13 M50 2 at 113 2 at 115 3 at 133 3 at 135 Q70 5 at 162 4 at 172 4 at 177 7 at 102 Required: 1. Determine the cost of the inventory on December 31 by the first in, first out method. If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first.