Yiew the intormation. (a) Prepare an inventory record form assuming that the f 1% mothod is in usat Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new balances after each iransaclion (Enter ite oldest inventary lyyurs first. If unhts sold come from more than one inventory layer, calculate a total for each layer in the Sold columin If an inpet fald is not used in the tabie. In avin the fleld ampity. Go not Information formation Start by entering the beginning inventory balances. Enter the tramactions in chrenological order, calculaling new halances after each transaction. (F or inits sold enter the fest layer out under L.IFO costing lirst. If units sold come from more than one irventory layer, calculate a fotal for aach layer in the Sold column. For the halance of imventory en band. enter the oldest inventory layer first. If an inpot feld is not used in the table. leave the field empty, do not enter a zero.)