Required information Use the following information for the Quick Study below. (Algo) [The following information applies 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 10 units for $50 each Purchases on December 8 units @ $20.08 cost 7 Purchases on December 17 units @ $30.00 cost Purchases on December 21 15 units @ $36.00 cost 14 QS 5-16A (Algo) Perpetual: Inventory costing with LIFO LO P3 Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method Required information Cost of Goods Sold Inventory Balance Goods purchased Cost per Cost of Goods unit Available for Sale # of units Date #of units sold Cost per Cost of Goods unit Sold # of units Cost per unit Inventory Balance December 7 $ 0.00 December 14 s 0.00 0.00 December 15 December 21 $ 0.00 Totals