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February 1 Beginning inventory 20 units @ $40; February 6 Purchases 60 units @ $42;...

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Accounting

February 1 Beginning inventory 20 units @ $40;

February 6 Purchases 60 units @ $42;

February 17 Sales 50 units @ $80;

February 23 Purchases 40 units @ $46;

February 30 Sales 28 units @ $85.

What is ending inventory on a perpetual FIFO basis and what is ending inventory on a perpetual LIFO basis?

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