A company just starting business had the following transactions in June:

Purchase June $1250$ units @ $8\mathrm{.}50$ $$2,125$

Sale June $5200$ units @ $11\mathrm{.}00$ $$2,200$

Purchase June $10400$ units @ $8\mathrm{.}60$ $$3,440$

Purchase June $15400$ units @ $8\mathrm{.}70$ $$3,480$

Sale June $25650$ units @ $11\mathrm{.}00$ $$7,150$

Purchase June $28250$ units @ $8\mathrm{.}90$ $$2,225$

A physical count of merchandise inventory on June $30$ reveals that there are $450$ units on hand. Assume that no returns occurred during the month and no discounts were given.

Using the perpetual inventory method calculate Ending Inventory under FIFO.

Group of answer choices

$$7,330$

$$7,305$

$$3,965$

$$3,940$