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

Date	Transactions	Units	Cost per Unit	Total Cost
June 1	Beginning inventory	16	$220	$ 3,520
June 7	Sale	11
June 12	Purchase	10	210	2,100
June 15	Sale	12
June 24	Purchase	10	200	2,000
June 27	Sale	8
June 29	Purchase	9	190	1,710
				$9,330

2. Using FIFO, calculate ending inventory and cost of goods sold at June 30.

2. Using FIFO, calculate ending inventory and cost of goods sold at June 30 Ending inventory Cost of goods sold