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Metlock, Inc. has the following inventory data: July 1 Beginning inventory $648 7 Purchases 36 units at $18 126 units at $19 18 units at

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Metlock, Inc. has the following inventory data: July 1 Beginning inventory $648 7 Purchases 36 units at $18 126 units at $19 18 units at $20 2394 22 Purchases 360 $3402 A physical count of merchandise inventory on July 30 reveals that there are 45 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $2583 $2529 $2439 O $2502

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