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June 1 Inventory 260 $3 $780 12Purchase 520 8 4,160 23 Purchase 390 11 4,290 30 Inventory 130 Compute the cost of the ending inventory

June 1 Inventory 260 $3 $780

12Purchase 520 8 4,160

23 Purchase 390 11 4,290

30 Inventory 130

Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO.

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