I will need to fill out a COGS after the purchasing sales of the coats

ACCT205-Portfolio Project Directions and Rubric Date Transaction July 1 Owner invested $100,000 cash into the business. July 2 Purchased equipment on account for $10,000 plus $100 installation. It has a life of 4 years with zero residual value. July 5 July 9 Purchased 20 coats at $50 each terms 2/10, n/30. Paid $200 for the shipping of the coats on July 5, July 11 Purchased another 10 coats at $60 each term 2/10, n/30. Paid the rent of $2000. July 15 July 15. Sold 2 coats to Argus at 5500 each, terms 2/10, n/30. At this point remember to do the COGS entry without the dollar value (LIFO). You will compute that amount in the next step of the project. July 16 Sold 4 coats to James at $500 each, terms 2/10, n/30. You will compute that amount in the next step of the project. July 22 Sold 7 coats to Bob at 5500 each, terms 2/10, n/30. You will compute that amount in the next step of the project. July 24 Bob returned 1 coat that was damaged and we gave hin credit on his account. Could not be restocked. July 26 Bob paid his bill within the discount period. July 31 Paid electric bill $100. 2 3 Date 4 5 6 7 Coats 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 number Purchase cost per unit total cost number Sales cost per unit total cost number Inventory cost per unit total cost Due by the end of Week 3 at 11:59 pm, ET. After completing the journal entries, you will now compute the COGS for the purchasing and sales of the coats. You have been given an inventory ledger in the excel templates to post to. Use LIFO (last in first out) to do your computations. Remember to take the numbers you computed and put them in the journal. After putting in all the required numbers, post to the appropriate ledger