Question 2 9 p Use the following information for the year to compute the total cost of Goods Sold and the total cost of Ending Inventory Assume a perpetual inventory system is used. Use FIFO Enter numbers without dollar signs, and provide commas. For example, five million dollars would be entered: 5,000,000 Jan 1 Beginning Inventory 21 units @ $60 Feb. 20 Purchase 29 units @ $65 Apr 5 Sale 37 units Jun. 1 Purchase 10 units @ $68 Sept. 10 Purchase 15 unitse 570 Nov. 3 Sale 21 units Cost of Goods Sold is: $ Ending Inventory : $ Question 3 12 pts 10 GEP Q W E R A S D F G H Question 6 2 pts There are four closing entries. The first one is to close the last one is to close the second one is to close the third one is to close - and revenues, expenses, income summary, dividends expenses, assets. Income summary common stock retained earings, dividends. Income summary assets dividends, Income Summary expenses revenues > Question 7 2 pts Use the following Adjusted Trial Balance to answer questions 7-11 Riverside Marina Adjusted Trial Balance December 31, 20X1 Cash 10.500 NO 96 5 W E R T S D F G H