Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 62 units $91 10 Sale 48 units 15 Purchase 76 units $96 20 Sale 43 units 24 Sale 12 units 30 Purchase 31 units $100 The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column. Schedule of Cost of Merchandise Sold LIFO Method Portable Game Players Cost of Cost of Purchases Quantity Merchandise Sold Merchandise Sold Total Cost Sold Unit Cost Total Cost Date Quantity Purchased Purchases Unit Cost Inventory Quantity Inventory Unit Cost Inventory Total Cost Apr. 1 Apr. 10 Apr 15 Apr. 20 00000000000 0 0 000000000 Apr 24 Apr 30 Balance