Marin Supplies Company sells many different widgets and uses a perpetual inventory system. During August 2024 , the co beginning inventory, purchases, and sales for widget X as follows: Prepare a schedule to determine the cost of goods sold and ending inventory using the FIFO cost formula for the monthe 31,2024.Purchases Date Aug. 1 5 10 135 $27 15 25 Total efertbook and Media.