Stockit, Inc., uses the FIFO method and had the following inventory activity for June: Show the effect of the entry for the sale of Inventory on account and the cost of the sale on June 25. Be sure to answer each; if no effect, select "0 No Effect". Assets Liabilities Shareholders' Equity A. 1,260,000 Accounts Receivable; (605,000) Inventory B. 1,260,000 Sales; (605,000) Cost of Goods Sold C. 1,260,000 Sales D. (540,000) Cash; 540,000 Accounts Receivable E. 1,350,000 Accounts Receivable; (615,000) Inventory F. 605,000 Accounts Receivable G. (1,260,000) Accounts Payable H. 1,260,000 Accounts Receivable; (615,000) Cost of Goods Sold I. 1,260,000 Sales; (615,000) Inventory J. 605,000 Cash K. 0 No Effect L. 1,260,000 Cash