A record of transactions for the month of May was as follows:

Purchases						Sales
May	1	(balance)	470 @	$5.20		May	3	235 @	$7.00
	4		1,400 @	$5.10			6	1,050 @	7.00
	8		880 @	$5.30			12	980 @	7.50
	14		780 @	$5.40			18	410 @	7.50
	22		1,300 @	$5.50			25	1,400 @	8.00
	29		500 @	$5.55

Assuming that perpetual inventory records are kept in dollars, determine the ending inventory using LIFO.

Ending inventory