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Sheridan's Staff Junkets has the following inventory information July 1 Beginning Inventory 16 units at $88 5 Purchases 123 units at $91 14 Sale 76

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Sheridan's Staff Junkets has the following inventory information July 1 Beginning Inventory 16 units at $88 5 Purchases 123 units at $91 14 Sale 76 units 21 Purchases 63 units at $95 30 Sale 51 units Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis? O $6825 $7350 O $7130 O $7628

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