View Policies Current Attempt in Progress In its first month of operation, Larkspur Company purchased 104 units of inventory for $6, then 208 units for $7, and finally 136 units for $8. At the end of the month, 192 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 Seve for Later Attempts: 0 of 3used Submit Amer