Question 18 Whispering has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 60 units at $110 276 units at $103 184 units 138 units at $106 129 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO basis? $17003 $16997 $32653 $32659 Question 19 Coronado has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 47 units at $113 282 units at $105 188 units 141 units at $108 132 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a FIFO basis? $16126 $16173 $33976 $34023