The beginning inventory for Midnight Supplies and data on purchases and sales for a three-month period are as follows: Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in cost amounts to the nearest dollar. Midnight Supplies Schedule of Cost of Goods Sold Weighted Averaget Cost Method For the Three Months Fnded March 31 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. rotal sales Total cost of goods sold Gross profit 3. Determine the ending inventory cost as of March 31