Required information Thie fovlowing daformation apales ho the quientionts cispicyend below) Trey Monsom starts a merchancistng busteits on December 1 and enters into the follownng thre inventory purchases. Mohson uses a perpetial inventory aystem. Also, on Decernber 15, Monson selly 15 units for s 131 ench. Purchasea on Decenberi? 10 units i 117 aolcoit. Aequired information (The followng information apphes to the questions displayed below] Trey Manson starts a merchandising business on December 1 and enters into the following three inventory purchases, Monson uses a perpetual inventory system. Also, on December 15, Monson sets 15 unte for 531 each. Purcheses on Decenber 7 1e units =117.00 cont furchasex on Decesber 14 Rurchases on Decenber 21 2e units 123 . ee cost.