9. A merchandising company uses a perpetual inventory system and LIFO method. Details regarding the purchases of a particular product related to the month of June are as follows: Date June 1 (1st purchase) June 7 (2nd purchase) June 11 (3rd purchase) Units Unit Cost 198 $6.2 234 $6.3 $6.5 86 On June 14, the company sells 356 units at a selling price of $10 per unit. What is cost of ending inventory on June 14. * (3 Points) $2,256.4 $1,004.4 $559 $1,227.6