During June, the following changes in inventory item 27 took place: June 1 Balance 14 Purchased 24 Purchased 8 Sold 10 Sold 29 Sold 1,500 units @ $35 860 units @ $52 660 units @ $45 320 units @ $70 1,180 units @ $63 510 units @ $65 Perpetual inventories are maintained. (a) What is the cost of the ending inventory for item 27 under the FIFO method? Cost of the ending inventory $