Citerion Cycles uses the FIFO inventory method. Citerion started October with five bicycles that cost $$350$ each. On October $16,$ Citerion bought $20$ bicycles at $$320$ each. On October $31,$ Citerion sold $15$ bicycles. Prepare Citerion's perpetual inventory record

Prepare the perpetual inventory record. Start by entering the opening inventory balance. Enter the transactions in chronological order. When entering sales, enter the first cost to come out of inventory on the first line. Be sure to calculate the balance after each transaction.

$($Use a minus sign or parentheses when subtracting numbers.$)$

$\backslash$table$[[$Citerion Cycles,$],[$Date$,$Quantity,Unit Cost,Total Cost$],[$October $1,5,350,1750],[$October $16,20,,],[$Balance$,,,],[$October $31,15,,],[$October $31,,,],[$Ending Inventory,,,$]]$