You are given the following information for Ivanhoe Company for the month ended November 30, 2021- Unit Price Units Date Nov 1 9 $52 46 Description Beginning inventory Purchase Sale Purchase Sale Purchase 60 100 (125) 150 15 22 29 30 42 (170) 50 40 Ivanhoe Company uses a perpetual inventory system. All sales and purchases are on account Calculate the cost of goods sold and the ending inventory using FIFO, $ Cost of goods sold Ending inventory $ e Textbook and Media List of Accounts Question 2 of 6 -12 Assume the sales price was 566 per unit for the goods sold on November 15, and 560 per unit for the sale on November 29. Prepare journal entries to record the November 22 purchase and the November 29 sale. (Credit account titles are automatically Indented when the amount is entered. Do notIndent morally. If no entry is required, select "No Entry for the account titles and entero for the amounts) Date Account Titles and Explanation Nov. 22 Debit Credit (To record purchase on account) Nov 29 To record sales on account) Nov. 29 (To record cost of goods sold. e Textbook and Media List of Accounts Calculate gross profit for November Gross profit RGA - //assessment-player/index.html?launchidubaeac3f-b300-49ad36c61ded/question Question 2 of 6