Current Attempt in Progress A record of transactions for the month of May was as follows: Purchases Sales May 1 (balance) 460 @ $5.60 May 3 230 @ $8.00 4 1,330 @ $5.50 6 1,080 @ $8.00 8 890 @ $5.70 12 990 @ $8.50 14 790 @ $5.80 18 440 @ $8.50 22 1,240 @ $5.90 25 1,450 @ $9.00 29 600 @ $5.00 Assuming that perpetual inventory records are kept in dollars, determine the ending inventory using LIFO. Ending inventory $