Crane Company just began business and made the following four inventory purchases in June: June 1 156 units $936 June 10 June 15 June 28 208 units 208 units 156 units $1249. $1872. $1820. $1300. 1456 1664 1404 $5460 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 208 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is

Crane Company just began business and made the following four inventory purchases in June: The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 208 units on hand, Using the LIFO inventory method, the value of the ending inventory on June 30 is \$1249. $1872. $1820. $1300