7) A company just starting business made the following four inventory purchases in June: June 1 June 10 June 15 June 28 150 units 200 units 200 units 150 units 700 units $ 390 585 630 510 $2,115 A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the FIFO inventory method, the value of the ending inventory on June 30 is a. $683. b. $825. c. $1,290. d. $1,432.