QUESTION 41 Priscilla has the following inventory information. July 1 Beginning Inventory Purchases Purchases 20 units at $19 70 units at $20 10 units at $23 22 $ 380 1,400 239 $2,010 A physical count of merchandise inventory on July 31 reveals that there are 35 units on hand. Using the UFO inventory method, the amount allocated to cost of goods sold for July is $1.280. $1.287. 51.306. $1,330