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Waterway has the following inventory data: July 1 Beginning inventory Purchases 5 14 21 30 Sale Purchases Sale 58 units at $132 330 units

Waterway has the following inventory data: July 1 Beginning inventory Purchases 5 14 21 30 Sale Purchases Sale 58 units at $132 330 units at $123 220 units 165 units at $127 154 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO basis?

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