please solve the question using the information given in the images below.

Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 30 units for $40 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 2e units @ $16.ee cost 35 units @ $24.ee cost 30 units @ $29.00 cost QS 5-10 Perpetual: Assigning costs with FIFO LO P1 QS 5-10 Perpetual: Assigning costs with FIFO LO P1 Required: Monson uses a perpetual inventory system Determine the costs assigned to the December 31 ending inventory based on the FIF method Answer is not complete. Perpetual FIFO: Goods Purchased Cost Goods Per Unit Purchased #of Units Date # of Units Sold Cost of Goods Sold Cost Per Cost of Unit Goods Sold #of Units Inventory Balance Cost Per Inventory Unit Balance S 320.00 16.00 December 7 20 16.00 320.00 20 SVI Required information December 14 35 @ 24.00 S 840.00 20 @ 16.00 S 320.00 $ >> 24.00 840.00 1.160.00 December 15 30 X 29.00 $ 870.00 X- $ 30 >> @ 40.00 3 1,200.00 December 21 30 29.00 870.00 200 16.00 X $ 320.00 X X 5 24.00 3 $ 120.00 Totals $ 870,00 $ 440.00