Perpetual inventory using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: Nov. 1 Inventory 10 Sale 50 units at $42 37 units 15 Purchase 61 units at $44 20 Sale 24 Sale 30 Purchase 34 units 10 units 26 units at $47 The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under LIFO, 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 unit cost first in the Inventory Unit Cost column. Date Nov. 1 Nov. 10 Nov. 15 Nov. 20 Nov. 24 Nov. 30 Quantity Purchases Purchases Purchased Unit Cost Total Cost Nov. 30 Balances LIFO Method DVD Players Cost of Quantity Goods Sold Sold Unit Cost Cost of Goods Sold Total Cost Inventory Inventory Inventory Unit Cost Total Cost Quantity 50 42 2,100 37 42 1,554 13 42 Accounting numeric field