FIFO PERPETUAL INVENTORY RECORD: Use the information on beginning inventory purchases, and sales to complete the table on the following page. Fill in the blank templates to prepare a FIFO Perpetual Inventory Record. Then calculate the Gross Profit Information to be used to complete the inventory records March 1 Beginning Balance 100 Tablets @ $200 each 6 Purchase 75 Tablets 250 each & Sale 150 Tablets @ 400 each 21 Purchase so Tablets a $300 each 29 Sale 60 Tablets a b cach 2 Perpetual Inventory Record: FIFO U FIFO Purchases Cost of Goods Sold Inventory on Hand Unit Unit) Date Quantity Cost Total Cost Quantity Cost Total Cost Quantity Cost Total Cosa Mar 1 6 8 21 29 Totals Total Sales Revenue Cost of Goods Sold Gross Profit