Lily Company had a beginning inventory on January 1 of 190 units of Product 4-18-15 at a cost of $20 per unit. During the year. purchases were as follows. Lily Company uses a periodic inventory system. Sales totaled 1,120 units. (a) Your answer is correct. Determine the cost of goods available for sale. The cost of goods available for sale 8 Your answer is partially correct. Which cost flow method results in the highest inventory amount for the balance sheet? The highest cost of goods sold for the income statement? results in the highest inventory amount, \$ produces the highest cost of goods sold, $