The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows:

Date		Transaction	Number of Units		Per Unit		Total
Apr. 3		Inventory	54		$ 600		$ 32,400
8		Purchase	108		720		77,760
11		Sale	72		2,000		144,000
30		Sale	45		2,000		90,000
May 8		Purchase	90		800		72,000
10		Sale	54		2,000		108,000
19		Sale	27		2,000		54,000
28		Purchase	90		880		79,200
June 5		Sale	54		2,100		113,400
16		Sale	72		2,100		151,200
21		Purchase	162		960		155,520
28		Sale	81		2,100		170,100

Required:

1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 4 , using the last-in, first-out method. Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.