Question 4 0/1 point Sassy Saxophones has the following inventory data: July 1 3 14 21 30 Besinning inventory Purchases Sale Purchases Sale 50 units at $120 300 units at $112 200 units 150 units at $115 140 units Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a LIFO basis? 1) $18.320 2) $18,370 3)-$38.480 4) $38,530