Quayle Bookstore had 500 units on hand at January 1, costing 89 each. Purchases and sales during the month of January were as follows: Date Purchases Sales Jan. 14 380 @ $15 17 250 @ $10 25 250 @ $12 29 260 @ $1 Quayle maintains a periodic inventory system. According to a physical count, 360 units were on hand at January 31. The cost of the inventory at January 31, under the LIFO method is: a) $3,820- b) $4.100 Od $3.240 d) $3,650 Question 7 (2 points) e G Search or type URL $ & 3 4 % 5 6 4 00 7 9 > 0 - - E R T Y U 0 n