Using a LIFO perpetual cost flow, calculate the value of the ending inventory and the cost of merchandise sold for the month of November of Beamer Company using the data below. 
Calculate the following:
a) Inventory valuation at the end of November
b) Calculate the cost of merchandise sold for November
Definitions:
Delivery Truck
A vehicle designed for transporting goods from one location to another.
Vehicles Account
An account used in accounting to track the cost and depreciation of a company's vehicles.
Land Improvements
Enhancements made to land such as landscaping, fencing, and paving, which extend the use and increase the property value.
Impairment Loss
A reduction in the recoverable amount of a fixed asset or goodwill below its carrying amount, recognized as an expense.
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