sume that Best Burger restaurant has the following perpetual inventory record for hamburger patties: Merch Inv Date Purchase COGS on Hold 9-Jun $ 470 470 22-Jun S 270 200 Jun-31 $ 220 420 uly 31, the accountant for the restaurant determines that the current replacement cost of the ending merchandise inventory is $405. Make any adjusting y needed to apply the lower-of-cost-or-market rule. Merchandise inventory would be reported on the balance sheet at what value on July 31