Question Content Area Inventory Costing: LIFO Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Date Description Units Purchased at Cost Units Sold at Retail June 1 Beginning inventory 150 units @ $10 = $1,500 9 Purchase 1 270 units @ $13 = $3,510 14 Sale 1 300 units @ $25 22 Purchase 2 230 units @ $16 = $3,680 29 Sale 2 210 units @ $25 Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory