1.5 From the information provided below complete the table using the FIFO method of inventory (4 marks) valuation: Purchased Issues and returns Balance Date Quantity Price Amount Quantity Price Amount Quantity Price Amount The following transactions of Franco Manufacturers took place during March 2022: Date Transaction 01 Opening inventory Units 1 600 Price per unit R3.50 05 55 Purchased from a supplier 600 R4.00 12 Purchased from a supplier 1 300 R4.50 24 Purchased from a supplier 1600 R5.00 16 Issued to production 1.800