During July, the following purchases and sales were made by Concord Company. There was no beginning inventory. Concord Company uses a perpetual inventory system. Purchases Sales July 3 55 units @$8 July 13 60 units 11 55 units @$9 22 25 units 20 25 units @$10 Under the LIFO method, the cost of goods sold for each sale is: July 13quad July 22 $495quad$200 $600quad$250 $540quad$225 $535quad$250