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It is not the first option. Your answer is incorrect. During July, the following purchases and sales were made by Sunland Company. There was no

image text in transcribedIt is not the first option.

Your answer is incorrect. During July, the following purchases and sales were made by Sunland Company. There was no beginning inventory. Sunland Company uses a perpetual inventory system. Purchases July 3 36 units @ $16 July 13 Sales 42 units 19 units 11 36 units @ $17 22 20 19 units @ $19 Under the LIFO method, the cost of goods sold for each sale is: July 13 July 22 o $714 $361 $798 $323 O $708 $361 O $684 $304 e Textbook and Media Save for Later Last saved 13 minutes ago. Attempts: 1 of 2 used Submit Answer Saved work will be auto-submitted on the due date

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