Required information Trey Monson starts a merchandising business on Decembert and enters into the following three inventory purchases. Also, on becember 15, Monson sells 25 units for $45 each Punctiases on December 7 Purchases an Deceaber 14 29 units 2$27 , 00 cost Purchases on Decenber 21 25 units 232 .0e cost Required: Monson seils 25 units for $45 each on December 15. Of the inits sold, 12 are from the December 7 purchase and 13 are from the December 14 purchase. Monson uses a perpetual inventory system Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification? Required