A company just starting its business made the following four inventory purchases in June:

Date	Number of Units	Total Cost
June 1	150	$450
June 10	200	660
June 15	200	680
June 28	150	525

On June 25, the company made its first sale when a local customer purchased 500 units for $3,500. Using the FIFO cost formula, the cost of the ending inventory on June 30 is

Question 4Select one:

$695

$1,700

$645

$1,650