FIFO PERPETUAL INVENTORY RECORD: Use the information on beginning inventory, purchases, and sales to complete the table on the following page. Fill in the blank templates to prepare a FIFO Perpetual Inventory Record. Then calculate the Gross Profit. Information to be used to complete the inventory records: March 1 Beginning Balance 6 Purchase 8 Sale 100 Tablets @ $200 each 75 Tablets @ $250 each 150 Tablets @ 400 each 50 Tablets @ $300 each 60 Tablets @ $400 each 21 Purchase 29 Sale Shape Media Comment Perpetual Inventory Record: FIFO Share FIFO Purchases Inventory on Hand Quantit Unit Cost Cost of Goods Sold Quantit Unit Cost Total Cost Date Total Cost Quantit Unit Cost Total Cost Mar 1 6 00 21 29 Tota Is Total Sales Revenue Cost of Goods Sold Gross Profit LIFO PERPETUAL INVENTORY RECORD: Use the information on beginning inventory, purchases, and sales to complete the table on the following page. Fill in the blank template to prepare a LIFO Perpetual Inventory Record. Then calculate the Gross Profit. Information to be used to complete the inventory records: March 1 Beginning Balance 6 Purchase 8 Sale 100 Tablets @ $200 each 75 Tablets @ $250 each 150 Tablets @ 400 each 50 Tablets @ $300 each 60 Tablets @ $400 each 21 Purchase 29 Sale Perpetual Inventory Record: LIFO LIFO Purchases Cost of Goods Sold Inventory on Hand Quanti ty Date Unit Cost Total Cost Unit Quanti Unit ty Cost Quanti ty Total Cost Cost Total Cost Mar 1 6 8 21 29 Tota Is Total Sales Revenue Cost of Goods Sold by Gross Profit