Suppose that Cullumber Trading Post has the following inventory data: July 1 Beginning inventory 31 units at $15 $465 7 Purchases 109 units at $16 1744 22 Purchases 16 units at $17 272 $2481 The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 39 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is {:[$1888.],[$1841.],[$1763.],[$1818.]:}