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6) Transactions for the month of June were: A: FIFO basis S) Transactions for the month of June were: June I 3 15 22 Purchases

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6) Transactions for the month of June were: A: FIFO basis

S) Transactions for the month of June were: June I 3 15 22 Purchases (balance) SLOO 4,600 (4M.10 7,000 U) .20 June 2 6 9 10 18 25 Sales S3.50 I ,500 400 @ 4.00 Assuming that perpetual inventory records are kept in dollars, what is the ending inventory on a FIFO basis?

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