Please record using FIFO. Chart was large (displayed in 2 photos) Plesse only fill in where there is space

The beginning inventory at Midnight Supplies and data on purchases and sales for a three month period ending March 31 are as follows: Date Transaction Per Unit Total Number of Units 2,500 Jan. 1 S52.00 Inventory Purchase $130,000 468,000 10 7.800 60.00 28 Sale 3.750 104.00 390,000 30 Sale 1,200 104.00 124,800 Feb. 5 Sale 500 104.00 52,000 10 Purchase 17,500 62.00 1,085,000 16 Sale 109.00 937,400 8,600 8,900 28 Salo 109.00 970,100 Mar 5 Purchase 14,200 63.60 903, 120 1,111,800 14 Sale 10,200 109.00 25 Purchase 3,400 64.00 217,600 30 Sale 7,900 109.00 861,100 Date Purchases Cost of Goods Sold Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Jan 1 10 7.800 $60.00 $468,000 10 26 $ 28 $ $ s 30 IS Feb 5 $ $ s 10 10 16 16 s s S S $ 5 25 5 14 S $ s $ 14 S $ 25 30 Cost of Goods Sold Inventory Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost $52.00 00 2,500 7,800 $ $130,000 $468,000 $60.00 S $ $ $ $ IS s $ S S S s 5 $ $ 1 $ $ $ $ $ OTO $ s S $ 15 $ s $ $ $ $ $ $ $ $ s $ $ $ $ S $ S 5 Exhibit 3 Entries and Perpetual Inventory Account (FIFO) Jan. 4 Accounts Receivable Sales 4 Cost of Goods Sold witory 21,000 21.000 14000 14.000 TO Inventory Accounts Payable 11,200 11.200 Item 1278 Cost of Purchases Goods Sold Inventory Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Jan. 1 1,000 20.00 20,000 4 700 20.00 14,000 300 20.00 6,000 10 500 22 40 11,200 300 20.00 6,000 500 22.40 11,200 22 20.00 6,000 60 22.40 1,344 440 22.40 9,856 28 240 22.405,376 200 22.40 4.480 30 600 23.30 13,980 200 22.40 4.480 600 23.30 13.980 31 Balances 26.720 18.460 22 Accounts Receivable Sales 22 Cost of Goods Sold Inventory 300 10,000 10.000 7,344 7.40 20 Accounts Receivable 7,200 7,200 3.376 28 Cost of Goods Sold Inventory 3370 30 Inventory Accounts Payable 11.00 13.900 Cost of goods sold January 31 Inventory