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 29 units for $45 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 19 units @ $18.00 cost 35 units @ $27.00 cost 29 units @ $32.00 cost Perpetual FIFO Goods Purchased Inventory Balance #of Units Cost Per Unit Date Cost of Goods Sold # of Units Cost Per Cost of Goods Unit Sold Sold Goods Purchased # of Units Cost Per Unit Inventory Balance December 7 December 14 December 15 December 21 Totals