The periodicinventory records of Flexon Prosthetics indicate the following for the month of July: At July 31, Flexon counts four units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Flexon using the LIFO inventory costing method. Data Table Jul. 1 8 15 26 Beginning merchandise inventory Purchase Purchase Purchase 6 units 5 units 10 units 5 units @ @ @ @ $60 $67 $70 $85 each each each each LIFO Cost Ending Merchandise Inventory Cost of Goods Sold