The beginning inventory of merchandise at West Co. and data on purchases and sales for a three-month period ending April 30 are as follows: 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record using the first-in, first-out method. Date Transaction # of Units Per Unit Total Feb. 4 Inventory 35 $1,100 $38,500 9 Purchase 85 $1,120 $95,200 12 Sale 30 $1,500 $45,000 28 Sale 30 $1,500 $45,000 Mar. 7 Purchase 50 $1,140 $57,000 9 Sale 40 $1,750 $70,000 18 Sale 30 $1,750 $52,500 27 Purchase 90 $1,160 $104,400 Apr. 4 Sale 50 $1,750 $87,500 15 Sale 35 $1,750 $61,250 22 Purchase 25 $1,180 $29,500 29 Sale 54 $1,750 $94,500 2. If all sales are on account, determine the total sales and the total cost of merchandise sold for the period. Journalize the entries in the sales and cost of merchandise sold accounts