The periodic inventory records of Wexton Prosthetics indicate the following for the month of July: (Click the icon to view the inventory records.) At July 31, Wexton counts seven units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Wexton using the FIFO inventory costing method. Ending Merchandise Inventory Cost of Goods Sold FIFO Cost Data Table Jul. 1 Beginning merchandise inventory Jul. 8 Purchase 10 units $40 each 12 units Jul. 15 Purchase Jul. 26 Purchase 15 units $45 each $45 each 10 units $50 each Enter any number in the edit finiris and then click Check Answer Print Done