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 $35 each Purchases on December Purchases on December 14 Purchases on December 21 20 114.00 cost 36 units $21. cost 30 units $25.00 cost OS 6-13 Perpetual: Inventory costing with specific identification LO P1 Required Monson ses 30 units for $35 each on December 15. Of the unns sold, 16 are from the December purchase and are from the December 14 purchase Monson uses a perpetual inventory system Determine the costs assigned to the December 31 ending Inventory when costs are assigned based on specific identification Specific Identification Perut Goodschan Cooper Costo Goods Sold Cost per Cost of Goods Inwestory Balance Inventory Cost per sold Sold December 20 O $ 1400 - 520000 360 5.20 S75200 December 20 er 14001 - 520000 20 5 14001 - 5 280.00 360 52100 - 51.000 0.00 Decanter 15 5 0.00 Decan 21 30 5:2500 S75800 SHO $ 210 3:2500