Concord Corporation just began business and made the following four inventory purchases in June:

June 1 129 units $903

June 10 172 units 1376

June 15 172 units 1548

June 28 129 units 1290 $5117

A physical count of merchandise inventory on June 30 reveals that there are 172 units on hand.

Using the LIFO inventory method, the value of the ending inventory on June 30 is:

$1247.

$1204.

$1677.

$1720.