Time left 1:29:46 en 65 ed Tehran Ltd, uses FIFO to cost its inventory. The following information is available for Tehran's inventory of product # 101: Beginning inventory: 120 units @ $3.14 per unit March 1: Purchase of 250 units @ $3.50 out of n per unit April 10: Sale of 100 units @ $5.10 per unit Assuming Tehran uses the perpetual inventory system, the second entry to account for the April 10 sale is Select one: a. b) debit Cost of Goods Sold and credit Purchases, $350. b. c) debit Cost of Goods Sold and credit Inventory. $314. C. a) debit Cost of Goods Sold and credit Inventory, $350. d) debit Cost of Goods Sold and credit Purchases, $314