Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 23 units for $30 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 13 units $12.00 cout 30 units $18.00 cont 23 units $22.00 cost QS 5-13 Perpetual: Inventory costing with specific identification LO P1 Required: Monson sells 23 units for $30 each on December 15. Of the units sold, 10 are from the December 7 purchase and 13 are from the December 14 purchase. Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification. Inventory Balance Specific IdentificationPerpetual: Goods purchased # of Cost per Date units unit Cost of Goods Sold # of units Cost per Cost of unit sold Goods Sold # of units Cost per unit Inventory Balance December 7 $ 0.00 December 14 $ 0.00 $ 0.00 December 15 $ $ 0.00 0.00 December 21 $ 0.00 Totals