e the following information to answer Exercises E6-18 through E6-20. Golf Haven carries an inventory of putters and other golf clubs. The sales price of each putter is $128. Company records indicate the following for a particular line of Golf Havens putters: Date Item Quantity Unit Cost Nov. 1 Balance 17 $68 6 Sale 7 8 Purchase 20 $74 17 Sale 20 30 Sale 4 Measuring and journalizing merchandise inventory and cost of goods sold?FIFO Requirements 1. Prepare a perpetual inventory record for the putters assuming Golf Haven uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Golf Haven?s inventory transactions using the F1FO inventory costing method. (Assume purchases and sales are made on account.)