$[$The following information applies to the questions displayed below.$]$

Trey Monson starts a merchandising business on December $1$ and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December $15.$ Monson sells $15$ units for $$35$ each.

Purchases on December $7$

Purchases on December $14$

$10$ units@$$21\mathrm{.}00$ cost

Purchases on December $21$

$20$ units@$$27\mathrm{.}09$ cost

$15$ units $$29\mathrm{.}00$ cost

ulred:

ermine the costs assigned to the December $31$ ending inventory based on the FIFO method.

$\backslash$table$[[\backslash$table$[[$Date$],[$mber $7]],$Perpetual FIFO:$],[$Goods Purchased,Cost of Goods Sold,Inventory Balance$],[$# of Units,$\backslash$table$[[$Cost$],[$Per$],[$Unit$]],\backslash$table$[[$Goods$],[$Purchased$]],\backslash$table$[[$# of$],[$Units$],[$Sold$]],\backslash$table$[[$Cost$],[$Per$],[$Unit$]],\backslash$table$[[$Cost of$],[$Goods Sold$]],$# of Units,$\backslash$table$[[$Cost$],[$Per$],[$Unit$]],\backslash$table$[[$Inventory$],[$Balance$]]],[10,$at$,S_{21\mathrm{.}00}C,=,\{$f$0$bd$2233$a$-$eae$3-48$b$2-9$ca$8-$ec$2750$ef$52$d$3\}$

$\backslash$table$[[$$