A company's inventory records report the following: | August 1 August 5 August 12 Beginning balance Purchase Purchase 29 units @ $19| 24 units @ $18 28 units @ $19 On August 15, it sold 58 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? Check my Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO. Date May 1 32:25 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost Units Sold at Retail 280 units @ $13 285 units @ $15 205 units @ $23 165 units @ $16 155 units @ $24 15 24 ok A company had the following purchases and sales during its first year of operations: Purchases Sales January: 15 units at $160 8 units February: 25 units at $165 10 units May: 20 units at $170 14 units September: 17 units at $175 13 units November: 15 units at $180 18 units On December 31, there were 29 units remaining in ending inventory. Using the Perpetual LIFO inventory valuation method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.)