y Inventory Valuation (16 points) prima Co, began the month of September with 1.000 units of inventory on hand at a cost of $45 each. These inventory items sell for $65.00 each. Prima adjusts and closes its books on a monthly basis. The following schedule presents the sales and purchases of this item during the month of September Date Unit cost September 9 September 15 September 22 September 27 Transaction Sold 200 units Purchased 400 units P urchased 300 units Sold 450 units ISSO $52 A count of ending inventory reveals 1,050 units in ending inventory REQUIRED: First, complete the followinp table with the information to be reported at the end of September under each of the three cost flows and systems below. Second, answer question 2 in the space provided COGS ENDING INVENTORY FIFO Periodic System LIFO Perpetual system Average Cost Periodic System 2. Provide Prima's adjusting journal entry to record September COGS under FIFO, Periodic System Account name Debit Credit