The beginning inventory at Manight Supplies and data on purchases and sales for a three-month pnd ending March 31, are as follows: Date Transaction Number Per Unit Total of Units Jan I Inventory 10 Purchase 7,500 22,500 $75.00 85.00 $143.300 1,912,500 20 11,250 150.00 1,187,500 30 S 3,750 FeO. 5 sare 1,500 150.00 150.00 562,500 10 Purchase 54.000 225,000 67.50 4725.000 16 Sa 27,000 160.00 4.330.000 28 Sa Mar 5 Purchase 14 Se 25 Purchase 30 Sale 7,500 24.250 25,500 45,000 30,000 160.00 90.00 160.00 100.00 4,080.000 09.50 4,027,500 4,800.000 675.000 4,200,000 Required 1. Record the inventary, aurchases, and cost of merchandise soid data in a perpetual entry recant car to the onerated in being the first-out method Under LPC, if us are very at two different costs, enter the units with the HIGHER unit ot first in the Cost of Merchandise Sold Unit Cost column and LOWER ut co test in the Inventory Unit Cost column Round unt cost to two decimal places, if necessary