The following inventory transactions apply to Green Company for Year 2: Jan. 1 Apr. 1 Aug. 1 Dec. 1 Purchased Sold Purchased Sold 260 units @ $50 130 units @ $85 390 units @ $56 490 units & $96 The beginning inventory consisted of 180 units at $48 per unit. All transactions are cash transactions Required a. Record these transactions in a financial statements model, assuming Green uses the FIFO cost flow assumption and keeps perpetual records. b. Compute cost of goods sold for Year 2