Required information Middle Tennessee Company starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Middle Tennessee Company sells 28 units for $35 each Purchases on December 7 Purchases on December 14 Purchases on December 21 18 unita e $14.00 cont 33 units @ $21.00 cost 28 units $25.00 cost Required: Middle Tennessee Company uses a perpetual inventory system and the FIFO method. Complete the table below to determine the costs assigned to the December 31 ending inventory and December cost of goods sold