Q3. Toys R Us uses perpetual inventory system and it sold 250 units on April 5. The company records show the following data of toys during the month of March: Purchase Date Quantity Unit Cost Total Cost Mar 10 150 $ 25 $ 3750 Mar 16 250 $ 35 $ 8750 April 15 300 $ 40 $ 12000 Total 700 $24,500 Prepare journal entries to record the cost of the toys sold on April 5, assuming the company uses the: 1) Specific Identification method (100 units sold were purchased on March 10 and the remaining 150 units were purchased on March 16). 2) FIFO 3) LIFO