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! Required information [ The following information applies to the questions displayed below. ] Trey Monson starts a merchandising business on December 1 and enters

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[The following information applies to the questions displayed below.]
Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 15 units for $21 each.
\table[[Purchases on December 7,10 units @ $7.00 cost],[Purchases on December 14,20 units @ $13.00 cost],[Purchases on December 21,15 units @ $15.00 cost]]
Required:
Determine the costs assigned to the December 31 ending inventory
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