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Blue Spruce Corp. has the following inventory data: July 1 7 22 Beginning Inventory Purchases Purchases 46 units at $23 162 units at $24 23

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Blue Spruce Corp. has the following inventory data: July 1 7 22 Beginning Inventory Purchases Purchases 46 units at $23 162 units at $24 23 units at $26 $1058 3888 598 $5544 A physical count of merchandise inventory on July 30 reveals that there are 58 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $4036. O $4198 $4106 O $3932

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