June 2 6 June 1 3 7 15 22 Purchases (balance) 3140 $3.20 8720 3.10 4700 @ 3.30 7130 2070 @ 3.50 9 Sales 2320 $5.70 6350 5.70 4070 @ 5.70 1580 5.00 5600 5.00 820 e 5.00 3.00 10 18 25 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is $16603 $17275 $16665