Support cordings anting lates Question 3 View Policies Current Attempt in Progress In its first month of operation, Coronado Industries purchased 270 units of inventory for $8, then 370 units for $9, and finally 310 units for $10. At the end of the month, 350 units remained. The company uses the periodic method. Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO. Phantom profit $ eTextbook and Media tions Save for Later Attempts: 0 of 3 used Submit Arower