Required Information Use the following information for the Quick Study below. (Algo) (11-14) [The following information applles 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 $27 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units $13.00 cost 2 units $19.00 cost 15 units $21.00 cost 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