2. Assume Ward inventory costing method ort Exercises S6-3 thro each. On July 16 inginformilywith 25bicycleMontana sold 33 bicyclesfortu 35 bicycles at $60 each. On July 31, Montana sold 33 bi S6-3 Preparing a perpetual inventory record and journal e Ju entries Speci Uhe the following information to answer Short Exercises S 2 identification Requirements I. Prepare Montana Cycle's perpetual inventory record as assuming the comp Assume that Mont the specific identification inventory costing method 20 bicydles that cost $36 each and 13 bicycles that cost $60 each. Mon 2. Journalize the July 16 purchase of merchandise inventory on July 31 sale of merchandise inventory on account