Required Information Use the following information for the Quick Study below. (Algo) (11-14) The following information applies to the questions displayed below.) Trey Monson starts a merchandising ousiness on December 1 and enters into the following tiree inventory purchases. Monson uses a perpetuar inventory system. Also, on December 15, Monson sells 15 units for $34 each Purchases on December 7 Purchases: on December 14 Purchases on December 21 10 units 2520.00 cost 20 units 5$26.00 cost is units 9328.09 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