Prepare journal entries to record the following transactions, assuming perpetual inventory updating and first-in, first-out (FIFO) cost allocation. Assume no beginning inventory. Number Unit of Units Cost Sales Purchased 170 $23 Sold 120 $38 Purchased 230 29 Sold 180 41 Purchased 210 35 If an amount box does not require an entry, leave it blank. A. B. C. D. E. 00 00 00