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Sheridan's Staff Junkets has the following inventory information. July 1 Beginning Inventory 15 units at $92 5 Purchases 124 units at $93 Sale 76 units

Sheridan's Staff Junkets has the following inventory information. July 1 Beginning Inventory 15 units at $92 5 Purchases 124 units at $93 Sale 76 units Purchases 60 units at $90 30 Sale 51 units 14 21 Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis? $6701 $6654 $6423 $6203 y

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