Yeti Inc has the following inventory data: July 1 Inventory 20 units at $19=$380 July 7 Purchases 70 units at $20=$1,400 July 22 Purchases 10 units at $22=$220 Total $2,000 A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is Question 27 options: 1) $1020. 2) $760. 3) $780. 4) $820.