Suppose that Wildhorse Depot Inc. has the following inventory data: July 1 Beginning inventory 66 units at $19 $1254 231 units at $20 33 units at $22 7 22 Purchases Purchases 4620 $2134. $2420. $2266. O $2200. 726 $6600 The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 110 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is

Suppose that Wildhorse Depot Inc. has the following inventory data: The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 110 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is $2134. $2420. $2266. $2200