Question 7 Splish Brothers Inc. has the following inventory data: July 1 7 22 Beginning inventory Purchases Purchases 36 units at $23 126 units at $24 18 units at $26 $828 3024 468 $4320 A physical count of merchandise inventory on July 30 reveals that there are 58 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is O $1356. O $1508. O $1392 O $1428 Open Show Work Click if you would like to show Work for this