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$ 380 Priscilla has the following Inventory information. July 1 Beginning Inventory 20 units at $19 7 Purchases 70 units at $20 22 Purchases 10

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$ 380 Priscilla has the following Inventory information. July 1 Beginning Inventory 20 units at $19 7 Purchases 70 units at $20 22 Purchases 10 units at $23 1,400 230 $2,010 A physical count of merchandise inventory on July 31 reveals that there are 25 units on hand. Using the LIFO inventory method, the amount allocated to cast of goods sold for July is 1.530 1,480 1.515 530

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