On June 2019, a company held 200 units of finished goods items in inventory. These were valued at $10 each. During June 2019 two batches of finished goods were received into stores from the production department, as follows: Date Units received Production cost per unit June 4 600 $15 June 15 1,000 $18 Goods sold out of inventory during June were as follows: Date Units sold Sale price per unit June 12 500 $30 June 20 800 $30 What was the profit from selling inventory in June 2019, applying the following principles of inventory valuation? AVCO (using cumulative weighted average costing) Ignore administration, sales and buon costa