Phil's Camera Store opened on 1 July 2022 . The store sells a range of cameras. The business is not registered for GST. During July 2022, Phil's Camera Store purchased and sold the following, for one of the camera models that it stocks: Phil's Camera Store will use the perpetual inventory system, and first in first out costing method. Required: (i) Prepare a perpetual inventory record for July, to summarise sales, purchases, cost of sales, and inventory on hand at the end of July 2022. (4 marks) (ii) Prepare journal entries to record the inventory transactions for July 2022, assuming that all purchases and sales were on cash terms. (4 marks) (iii) Calculate the gross profit for the month of July 2022. (1 mark) (iv) Calculate the gross profit percentage for the month of July 2022. (1 mark)