Beginning inventory, purchases, and sales data for DVD players are as follows: Date Line Item Description Units and Cost Nov. 1 Inventory 44 units at $81 10 Sale 33 units 15 Purchase 23 units at $86 20 Sale 20 units 24 Sale 6 units 30 Purchase 28 units at $89 The business maintains a perpetual inventory system, costing by the first-in, first-out method. Question Content Area a. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column.