Question 1 (1 point) Use the following information from Marvel Company for the month of July to answer questions 1 through 2. July 1 July 3 July 8 July 15 July 23 Beginning inventory Purchase Sale Purchase Sale 75 units $25 each 348 units $27 each 300 units 257 units @ $28 each 275 units 1) Assume that Marvel uses a perpetual FIFO inventory system. What is the dollar value of its ending inventory? 2) Assume that Marvel uses a perpetual LIFO inventory system. What is the dollar value of its ending inventory