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Required Information Use the following information for the Quick Study below. (Algo) (11-14) [The following information applies to the questions displayed below.] Trey Monson starts a merchandising business on December 1 and enters Into the following three Inventory purchases. Monson uses a perpetual Inventory system. Also, on December 15, Monson sells 15 units for $25 each. \begin{tabular}{ll} Purchases on December 7 & 10 units $11.0 cost \\ Purchases on December 14 & 2 units $17.0 cost \\ Purchases on December 21 & 15 units $19.0 cost \end{tabular} QS 5-12 (Algo) Perpetual: Inventory costing with LIFO LO P1 Determine the costs assigned to ending Inventory when costs are assigned based on the LIFO method