Piper Pipes has the following inventory data: 
Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO basis?
Definitions:
CSR
Corporate Social Responsibility involves companies taking responsibility for their impact on social, environmental, and economic issues.
Social Issues
are problems that affect a large number of people within a society, often relating to matters of equality, justice, or the wellbeing of the community.
Business Issues
Challenges and obstacles that affect the operation, growth, and survival of businesses.
Social Consequence
The impact of an action or decision on society, including effects on norms, behaviors, and the well-being of community members.
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