How do I get the GOGS? Please clear explanation!

13 Homework: Ch 6 Homework A-Graded Save 14 Score: 2.86 of 10 pts 2 of 9 (2 complete) HW Score: 17.38%, 16.86 of 97 pts % SF6-4 (similar to) D Assigned Media 3 Question Help o 15 Boston Cycles started May with 25 bicycles that cost $65 each. On May 16, Boston purchased 50 bicycles at $80 each. On May 31, Boston sold 36 bicycles for $96 each Requirements 1. Prepare Boston Cycle's perpetual inventory record assuming the company uses the FIFO inventory costing method. 2. Journalize the May 16 purchase of merchandise inventory on account and the May 31 sale of merchandise inventory on account 16 Boston Cycles 17 Purchases Cost of Goods Sold QTY Unit Cost Tot. Cost Date QTY Unit Cost Tot. Cost 18 May 1 Inventory on Hand QTY Unit Cost Tot. Cost 25 $ 65 $ 1.625 25 $ 65 $ 1,625 50 $ 80 $ 4,000 May 16 50 $ 80 $ 4,000 19 May 31 25 $ 65 $ 1,625 20 Enter any number in the edit fields and then click Check Answer. ? Notic sold 1 record 4 parts remaining Clear All Check Answer arning knew that it had to keep detailed 21 Slide 20 of 59 O 13 + 78% 1 Type here to search 3:27 PM 9/30/2020 99+ 20