Zippy, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its Columbus, Ohio, location follow: (Click the icon to view the purchases and sales.) Read the requirements. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter all amounts to the nearest cent, $X.XX. Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Date Quantity Cost Total Cost Unit Total Unit Total More info Quantity Cost Cost Quantity Cost Cost Jul. 2 11 $ 2.00 $ 22.00 11 S 2.00 Jul. 2 6 2 $ 2.65 $ 5.30 2 Jul. 6 8 8 3 2 2 3 Jul. 8 Jul. 13 Jul. 14 Sold 3 gallons of milk to a customer Purchased 11 gallons @ $2.00 each Purchased 2 gallons @ $2.65 each Sold 3 gallons of milk to a customer Purchased 2 gallons @ $2.70 each 13 2 $ 2.70 $ 5.40 14 32.7 Totals 15 5 2 6 6 2 $ 2.00 12 9 Print Done - X