1.5 From the information provided below complete the table using the FIFO method of inventory valuation: Purchased Date Quantity Price Amount Issues and returns Quantity Price Amount Quantity Balance Price (4 marks) Amount 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 1 600 600 1 300 1 600 1 800 1 300 100% Price per unit R3.50 R4.00 R4.50 R5.00 2