Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 10 Sale 15 Purchase 20 Sale 24 Sale 0 Purchase 79 units @ $65 58 units 100 units@$68 57 units 15 units 9 units@ $72 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 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 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 Inventory Total Cost Purchases Purchases Quantity Cost of Merchandise Cost of Merchandise Inventory Inventory uantity Unit Cost Quantity Sold Sold Unit Cost Sold Total Cost dte purchased Unit Cost Apr Total Cost Apr 10 Apr 15 Apr 20 Apr 24 Apr 30 Ap Balance 30