A company just starting its business made the following four inventory purchases in June: Date June 1 150 units X $3.20 = $480 June 10 200 units X $3.30 = $660 June 15 200 units X $3.40 = $680 June 28 150 units X $3.50 = $525 Total 700 units $2,345 On June 25, the company made its first sale when a local customer purchased 500 units for $3,500. Using the FIFO cost formula under the perpetual method, the amount of ending inventory at June 30 is $645 $695 $1,650 $1,700