Please solve requirement 1. Thank you!

Assume that BR Tre store completed the following perpetual inventory transactions for a ine of tres: Requirement 1. Compute cott of goods sold and gross profit using the Fifo inventery costing method. Begin by cornpusing the coet of goods sold and cost of ending merchandise invertory using the FIFO inventery cossing method Enter the transactions in ereonological order, calculating new inventory on hand balances after esch transaction. Once all of the transactions have been entered into the perpetual record; caculate the quartity and folal cost of merchandise inventiory burchased. sold, and on hand at the and of the period. (Eriter the oldest inventsry layers first) Compuse gross profil viritg twe Fifo iveitary costing mated, Orose proft is using the Fly O invantory costing method Nore info