Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning Inventory Apr. 20 Purchase Number of Units 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during the month. Ending inventory assuming LIFO would be: Multiple Choice $500. o $490. $470. $480. Inventory records for Dunbar Incorporated revealed the following: Number of Date Transaction Apr. 1 Beginning Inventory Apr. 20 Purchase Units 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during the month. Cost of goods sold assuming LIFO would be: Multiple Choice O $1,730. O $1,700. $1,720. O $1,710