View Policies Current Attempt in Progress Concord has the following inventory information. July 1 Beginning Inventory 25 units at $19 $475 7 Purchases 70 units at $18 1260 22 Purchases S units at $22 110 $1845 A physical count of merchandise inventory on July 31 reveals that there are 35 units on hand. Using the LIFO inventory method the amount allocated to cost of goods sold for July is O $1190 $1147 $1140 $1166 Save for Later Attempts: 0 of 1 used Suhteet Asians