Apple-A-Day Company has the following inventory data: July 1 Beginning inventory 40 units at $20 140 units at $21 20 units at $22 $800 2940 440 $4180 7 Purchases 22 Purchases A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $3110 $3170 $3080 $3010