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Perpetual Inventory Using LIFO

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Beginning inventory, purchases, and sales for Item $88-Hx$ are as follows:

$\backslash$table$[[$July $1,$Inventory,$94$ units @ $$19],[8,$Sale,$75$ units$],[15,$Purchase,$104$ units @ $$23],[27,$Sale,$87$ units$]]$

Assuming a perpetual inventory system and using the last$-$in$,$ first$-$out $($LIFO$)$ method, determine $($a$)$ the cost of goods sold on July $27$ and $($b$)$ the inventory on July $31.$

a$.$ Cost of goods sold on July $27$

b$.$ Inventory on July $31$

$