Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 15 units for $33 each. PurchasesonDecember7PurchasesonDecember14PurchasesonDecember2110units@$19.00cost20units@$25.00cost15units@$27.00cost QS 5-12 (Algo) Perpetual: Inventory costing with LIFO LO P1 Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method