Pharoah Company just began business and made the following four inventory purchases in June: The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 224 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is \begin{tabular}{||l||} \hline$1400 \\ $2016. \\ $1960 \\ $1345. \\ \hline \end{tabular}