Super-duper Company sells top-of-the-line skateboards. Super-duper is concerned about maintaining high earnings and has chosen to use the periodic FIFO method of inventory costing. At the beginning of the year, Super-duper had 5,000 skateboards in inventory, each costing $20. In April, Super-duper purchased 2,000 skateboards at a cost of $22 and in August, purchased 4,000 more at a cost of $23. During the year, Super Duper sold 9,000 skateboards for $40 each

. 1. Record each purchase Super-duper made.

 2. Determine Super Duper’s cost of goods sold using FIFO.