Exxon Mobil Corporation provides the following details for the month of June 2024:

Item	Amount ($)
Beginning Inventory (Jun 1)	1.5 billion
Purchases	2 billion
Sales	2.8 billion
Ending Inventory (Jun 30)	? billion

Required:

• Calculate the cost of goods sold for Exxon Mobil Corporation for June 2024.
• Determine the ending inventory value using the LIFO method.
• Prepare a schedule of cost of goods manufactured (if additional information on manufacturing costs is provided).
• Analyze the impact of FIFO vs. LIFO on the financial statements.