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Blossom Company has the following inventory data: $770 July 1 7 Beginning inventory Purchases Purchases 35 units at $22 124 units at $24 18 units

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Blossom Company has the following inventory data: $770 July 1 7 Beginning inventory Purchases Purchases 35 units at $22 124 units at $24 18 units at $26 22 2976 468 $4214 A physical count of merchandise inventory on July 30 reveals that there are 57 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is O $1298 O $1254. $1368 $1482

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