Question: Crane has the following inventory data: July 1 Beginning inventory 36 units at $19 $ 684 7 Purchases 98 units at $20 156 22 Purchases

Crane has the following inventory data: July 1 Beginning inventory 36 units at $19 $ 684 7 Purchases 98 units at $20 156 22 Purchases 22 units at $22 484 $ 3128 A physical count of merchandise inventory on July 31 reveals that there are 46 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is

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