Kingbird, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 34 units at $22 120 units at $23 17 units at $25 $748 2760 425 $3933 A physical count of merchandise inventory on July 30 reveals that there are 55 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is O $1299 O $2634 O $2702. O $1231 Click if you would like to Show Work for this question: Open Show Work