Whispering Winds Corp. has the following inventory data: July 1 5 Beginning inventory 35 units at $71 212 units at $66 Purchases 14 Sale 142 units 21 Purchases 106 units at $68 99 units 30 Sale Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for July? $7569 $7581 $7617 $7869 Concord Corporation has the following inventory data: July 1 5 Beginning inventory Purchases 28 units at $56 169 units at $53 14 Sale 113 units Purchases 85 units at $55 21 30 Sale 79 units Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July? $4192 $4880 $4924 $4948