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Eddys Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddys Fishing Hole uses a periodic

Eddys Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddys Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost June 1 Beginning inventory 16 $240 $3,840 June 7 Sale 11 June 12 Purchase 10 230 2,300 June 15 Sale 12 June 24 Purchase 10 220 2,200 June 27 Sale 8 June 29 Purchase 8 210 1,680 $10,020 3. Using LIFO, calculate ending inventory and cost of goods sold at June 30

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