Question 7 2.5 pts Choco, Inc. uses a periodic inventory system. During October, Choco, Inc. sold 1,000-245 units and had 245 units in ending inventory at the end of October If Choco, Inc. uses the LIFO inventory method, how much is ending inventory on the balance sheet as of October 31 Date Units Costs Total costs Oct 1 Beginning inventory 100 $2/unit $ 200 19 Purchased 900 $3/unit 2.700 $2.900 Ending inventory in October 245