Concord has the following inventory information. July 1 Beginning Inventory $450 7 Purchases 30 units at $15 90 units at $23 10 units at $20 2070 22 Purchases 200 $2720 A physical count of merchandise inventory on July 31 reveals that there are 30 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $2060. O $2067. $2086. O $2110