The periodic inventory records of Flexon Prosthetics indicate the following for the month of July (Click the icon to view the inventory records.) At July 31, Flexon counts ten units of inventory on hand Compute ending merchandise inventory and cost of goods sold for Flexon using the LIFO inventory costing method. Ending Merchandise Inventory Cost of Goods Sold LIFO Cost Data Table - Jul. 1 Jul. 8 Beginning merchandise inventory 20 units @$60 each Purchase Jul. 15 Purchase 20 units @$50 each 15 units $29 each Jul. 26 Purchase 15 units @$25 each Print Done