7.3)

7.5)

7.6)

Perpetual Inventory Using LFo Beginning inventory, purchases, and sales data for prepaid cell phones for July are as follows: Inventory July 1 Sales 1,000 units at $39July 12 July 14 July 31 Purchases 2,000 units at $37 uly 10 uly 20 1,400 units 1,200 units 600 units 900 units at $41