needing help with EX 7-4, information needed is located in above question. (7-3)

Ex 7-3 Perpetual inventory using FIFo OBJ. 2, 3 Beginning inventory, purchases, and sales data for portable game players are as follows Apr. Inventory 120 units at $26 10 Sale 90 units 15 140 units at $28 Purchase 20 110 units Sale Sale 40 units 30 Purchase 160 units at $30 The business maintains a perpetual inventory system, costing by the first-in, first-ou method a. Determine the cost of the merchandise sold for each sale and the inventory balanc after each sale, presenting the data in the form illustrated in Exhibit 3. b. Based upon the preceding data, would you expect the inventory to be higher or lowe using the last-in, first-out method? EX 7-4 Perpetual inventory using LIFO OBJ. 2 Assume that the business in Exercise 7-3 maintains a perpetual inventory system, costing the last-in, first-out method. Determine the cost of merchandise sold for each sale and t inventory balance after each sale, presenting the data in the form illustrated in Exhibi