Sold 60 T-shirts at $10 each Feb. 2 Purchased 50 T-shirts at $6 each Sold 45 T-shirts for $10 each Sold 20 T-shirts for $10 each. 5 7 8 10 Canyon Canoe Company realized the inventory was running low, so it placed a rush order and purchased 20 T-shirts. The premium cost for these shirts was $7 each. 12 Placed a second rush order and purchased 40 T-shirts at $7 each 13 Sold 20 T-shirts for $10 each 15 Purchased 50 T-shirts for $6 each 20 In order to avoid future rush orders, purchased 150 T-shirts. Due to the volume of the order, Canyon Canoe Company was able to negotiate a cost of $5 each Sold 40 T-shirts for $10 each Sold 35 T-shirts for $10 each Sold 20 T-shirts for $10 each Sold 45 T-shirts for $10 each Sold 40 T-shirts for $10 each 21 22 24 25 27 Canyon Canoe Company is a service based company that rents canoes for use on local lakes and rivers during 2018. In addition to rental serices, at the beginning of January 2019, Canyon Canoe Company decided to carry and sell T February 2019, Canyon Canoe Company completert s with its logo printed on them. Canyon Canoe Company uses the perpetual inventory system to account for the inventory. During the following merchandising transactions: i (Click the icon to view the transactions.) i Requirements 1. Assume Canyon Canoe Company began February with 94 T-shirts in inventory that cost $5 each. Prepare the perpetual inventory records for February using the FIFO inventory costing method. dollars, of the change in inventory in the following format 2. Provide a summary for the month, both units Dollar Amount Number of T-shirts Beginning Balance Add: Pu Less: Cost of Goods Sold Ending Balance