Current Attempt in Progress Transactions for Pharoah Ltd. for the month of June were: Purchases Sales June 1 (balance) 450 @ $3.20 June 2 300@ $5.40 3 1140 @ 3.10 6 800@ 5.40 7 630 @ 3.30 9 510@ 5.40 12 15 950 @ 3.40 10 240 @ 5.90 22 270 @ 3.50 18 740 @ 5.90 25 25 160@ 5.90 Pharoah Ltd. uses the periodic inventory system. The ending inventory on a FIFO basis is O $2373. $2184. $2208. O $2424