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Concord's Staff Junkets has the following inventory information. July 1 Beginning Inventory Purchases 20 units at $92 120 units at $90 5 14 Sale 76

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Concord's Staff Junkets has the following inventory information. July 1 Beginning Inventory Purchases 20 units at $92 120 units at $90 5 14 Sale 76 units 21 Purchases 64 units at $98 30 Sale 60 units Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis

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