1.5 From the information provided below complete the table using the FIFO method of inventory valuation: Date Quantity Price Amount Quantity Price Amount Date 01 Purchased The following transactions of Franco Manufacturers took place during March 2022: 05 12 Transaction Opening inventory Issues and returns Purchased from a supplier Purchased from a supplier Units 1600 600 Quantity 1 300 Balance Price Amount Price per unit R3.50 (4 marks) R4.00 R4.50 The following transactions of Franco Manufacturers took place during March 2022: Date 01 05 12 24 16 28 Transaction Opening inventory Purchased from a supplier Purchased from a supplier Purchased from a supplier Issued to production Issued to production Units 1600 600 1 300 1 600 1.800 1:300 Price per unit R3.50 R4.00 R4.50 R5.00