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Required information [The following information applies to the questions displayed below.) Trey Monson starts a merchandising business on December 1 and enters into the following three Inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 23 units for $30 each. Purchases on December 7 13 units $12.00 cost Purchases on December 14 30 units $18.00 cost Purchases on December 21 23 units @ $22.00 cost Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method. Inventory Balance Perpetual LIFO: Goods. purchased Cost of Goods Sold Cost per Cost of Goods # of of units Available for unit units Cost per Cost of Goods unit Sold Sale sold Date # of units Cost per unit Inventory Balance December 7 $ 0.00 $ 0.00 December 14 Total December 14 $ 0.00 December 15 Total December 15 $ 0.00 December 21 Totals