Question 1 Larkspur Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available April 1 inventory340 April 15 purchase 390 April 23 purchase 270 1,000 Units Unit Cost Total Cost $23 28 30 7,820 10,920 8,100 $26,840 Compute the April 30 inventory and the April cost of goods sold using the LIFO method Ending inventory Cost of goods sold LINK TO TEXT