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Question 5 Nantes Limited, which utilizes FIFO and a perpetual system, sells computer mice to households in Quebec. It is a cash only business and does not receive or provide payment on account. The table below shows the Nantes Limited's inventory transactions for July 2020: Transaction Balance Purchased Mice 140 Sold Mice Purchase Price $3.10 Selling Price Sale 100 $5.00 Jul 1 Jul 11 Jul 17 Jul 22 Jul 25 60 $3.75 Purchase Sale Purchase 50 $5.25 40 $3.95 Required Prepare all required journal entries in good form for each transaction above. (30 marks)