Perpetual Inventory Using LFo Beginning inventory, purchases, and sales data for DvD plsyers are as follows: The buminess maintains a perpetuat inventery system, costing by the last-in, fint-ovit method. Determine the cost of goods sold sold for each sale and the imventory balance after esch sale, presenting the data in the form lilustrated in exhibit i. Under HFO, If units are in inventory at two dfferent costs, enter the units with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and Lowiz unit cent first in the Inventory Unit Cost column. Under LFF, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and Lower unt coot first in the Inventory Unit Cost column