Question no 3 Inventory information for City Group discloses the following for the month of July. July 1 Balance 800 units @ $ 10 July 10 Sold 200 units @ $24 July 11 Purchased 300 units @ $ 12 July 15 Sold 500 units @ $25 July 12 Purchased return 8 units @ $ 12 July 16 Sale returned 5 units @ $25 July 25 Purchased 300 units @ $ 13 July 27 Sold 300 units @ $27 Required : a)Using the perpetual inventory process find the cost of goods available for sale for the company. b) find cost of good sold and ending inventory, using FIFO