I cant fingure out how to do the inventory for jan 31. I keep getting it wrong.

Perpetual Inventory Using UFO Beginning inventory, purchases, and sales for Item 88-HX are as follows: Jan. 1 Inventory 102 units $32 8 Sale 82 units 15 Purchase 113 units $36 27 Sale 95 units Assuming a perpetual Inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of goods sold on Jan. 27 and (b) the inventory on Jan. 31. a. Cost of goods sold on Jan. 27 3,420 b. Inventory on Jan. 31 38 X Fecha Check My Wor a. When the LIFO method is used the cost of the units sold is the cost of the most recent phases. Think of your inventory of layers. Determine how much inventory remains from each layer for each sale b. The ending inventory is made up of the oldest purchases Learning Objective