View Policies Current Attempt in Progress Swifty uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $14 each. During the month, the company made two purchases: 3100 units at $15 each and 11800 units at $15.50 each. Swifty also sold 13100 units during the month. What is the ending inventory if the LIFO method is used? $139500 $126000 $134460 $127800 eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer