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A company just starting business made the following four inventory purchases in June: Number of units purchased Date Total cost June 1 200 units $360

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A company just starting business made the following four inventory purchases in June: Number of units purchased Date Total cost June 1 200 units $360 June 10 150 units 575 June 15 150 units 630 June 28 130 units 500 $2065 A physical count of merchandise inventory on June 30 reveals that there are 230 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is

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