--/1 Question 10 View Policies Current Attempt in Progress Sheridan Company has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 36 units at $19 126 units at $20 18 units at $22 $684 2520 396 $3600 A physical count of merchandise inventory on July 30 reveals that there are 60 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $1164. $2436. $1236. $2364 858 PM