Video Specials commenced business on 1 May 2018, selling only one model of big screen television. During the first month of trading it made the following purchases and sales: The units were sold for $1500 each. The business uses the perpetual/ continuous method of recording inventory. Use this information to complete the stock cards below. Video Specials commenced business on 1 May 2018, selling only one model of big screen television. During the first month of trading it made the following purchases and sales: The units were sold for $1500 each. The business uses the perpetual/ continuous method of recording inventory. Use this information to complete the stock cards below. a) Complete the stock card assuming the FIFO inventory valuation. b) Complete the stock card assuming the Identified Cost inventory valuation