Sheridan Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Sheridan's purchases and sales of the ultra-lightweight snowboard in October: Date Transaction Units Unit Purchase Price Unit Sales Price Oct. 1 Beginning inventory 25 $296 10 Purchase 30 303 12 Sale (42) $468 13 Purchase 35 310 25 Sale (45) 478 27 Purchase 20 317 Assume that all of Sheridan's sales are for cash and all of its purchases are on account. Record the purchase on October 10 and sale on October 12 for Sheridan Company in a perpetual inventory system under (1) FIFO and (2) weighted average. (Round the weighted average cost per unit to three decimal places, eg. 5.275 and final answers to 2 decimal places, eg 5,275.25. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts)