B Page view A Read aloud Add text Dran Highlight Erase FIFO perpetual inventory The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows: Date Transaction Number of Per Total Units Unit Jan. 1 Inventory 10 Purchase 7,500 $ 75.00$ 562,500 22,500 85.00 1,912,500 28 Sale 11,250 150.00 1,687,500 3,750 150.00 562,500 30 Sale Feb. 5 Sale 1,500 150.00 225,000 10 Purchase 54,000 87.50 4,725,000 16 Sale 27,000 160.00 4,320,000 28 Sale 25,500 160.00 4,080,000 Mar. 5 Purchase) 14 Sale 25 Purchase 30 Sale 45,000 89.50 4,027,500 30,000 160.00 4,800,000 7,500 90.00 675,000 26,250 160.00 4,200,000 Instructions