During June, the following changes in inventory item 27 took place: June 1 Balance 1,480 units @ $34 8 Sold 330 units @ $72 10 Sold 1,150 units @ $63 14 Purchased 880 units @ $52 24 Purchased 620 units @ $46 29 Sold 550 units @ $66 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 $