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

Date		Number of Units	Total Cost
Jun	1	220	$704
Jun	10	270	891
Jun	15	270	918
Jun	28	220	770

On June 25, the company made its first sale when a local customer purchased 650 units for $3,500. The company uses a perpetual inventory system. Using the FIFO cost formula, the cost of the ending inventory on June 30 is

$1094.

$1144.

$2139.

$2618.