Multiple Choice Question 57 A company just starting business made the following four inventory purchases in June Number of units Date June 1 June 10 une 15 June 28 purchased Total cost 390 600 700 560 $2250 120 units 200 units 190 units A physical count of merchandise inventory on June 30 reveals that there are 350 units on hand. Using the LIFO inventory method, the vakue of the ending inventory on June 30 is $1080 $1029 $1365. $885