31S) ESSY MATADOR "Dcale + Help Save & E Required information Use the following information for the Quick Study below Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases Also, on December 15, Monson sells 29 units for $45 each Purchases on December 14 Purchases on December 21 19 units $18.80 cost 35 units$27.00 cost 29 units $32.00 cost QS 5-11 Perpetual: Inventory costing with LIFO LO PI Monson sells 29 units for $45 each on December 1 December 31 ending inventory when costs are assigned based on LIFO 5 Monson uses a perpetual inventory system Determine the costs assigned to the Perpetual LIFO