Requirement 2. Determine the amount that would be reported in ending merchandisinventory on November 15 using the LIFO inventory conting method Enter the transactions in chronological order, calculating new inventory en hand balances aut each transaction Once of of the transactions have been entend the paper con cautat the quantity and total center merchandise inventory purchased told and hand end of the period interamente to the nearest cant sx XX.Enter the inventory leverint) Purches Cost of Goods Sold day and Unte Total Tit Date Cost Cost Quantity Cost Cost C No. 2 COM ties and then click Check Answe More Info $ 21.50 method. merchandise en hand baland eriod. (Enter a been entered into the pe htory layers first.) Nov. 2 Purchased 11 gallons @ $2.15 each Nov. 6 Purchased 2 gallons @ 52.80 each Nov. 8 Sold 6 gallons of milk to a customer Nov. 13 Purchased 3 gallons @ $2.85 each Nov. 14 Sold 4 gallons of milk to a customer Sold Total Cost Print Done