ulrement 2. Determine the amount that would be reported in ending merchandse inventory on January 15 using the LIFO Inventory costing method ransactions in chronological erder, caloulating new inventory on hand balanoes cry purchased, soid, and on hand at the end of the period. Enter al amounts to the nearest cent, SX.X0X. Enter the oldest inventory layers e after each transaction. Once al of the transactions have been entered into the perpetual record, caloulate the Cost of Goods SoldInventory on Hand Unit Total CostCost Quantity CoststQuantiy Unit Total Unit Tota Cost Date Qu Jan. 2 Cost Emer any number r, the edt feids and hen condnue to to next queston