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Illusions, Inc. had the following inventory data: Date July 1 July 4 July 7 July 11 July 14 Unit Cost $53 $56 Quantity. 5 10

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Illusions, Inc. had the following inventory data: Date July 1 July 4 July 7 July 11 July 14 Unit Cost $53 $56 Quantity. 5 10 12 Beginning inventory Purchase Sale Purchase Sale 9 $62 8 Assuming LIFO, what is the ending inventory after the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) A. $212 B. $221 C. $227 D. $248

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