help me please

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 88-HX are as follows July 1 Inventory 8 Sale 15 Purchase 27 Sale 90 units at $54 75 units 125 units at $60 80 units Assuming a perpetual nventory system and using the last-in, frst out (Luro) method, deterrine (0) the cot f peods sald n luly 22 and tb the iventory on Juiy 31 a. Cost of goods sold on July 27 8,850 X b. Inventory on July 31 3,510 V Feedback Y Check My Work a When the LIFO method is used, the cost of the units sold is the cost of the most recent purchases Think of your inventory in terms of "layers Determine how much inventory remains from each layer after each sale b. The ending inventory is made up of the oldest purchases Learning Objective 3 te Wind Previous Check My Work 1:31 PM