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Problem 8-4 (Part Level Submission) Sheridan Companys record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1

Problem 8-4 (Part Level Submission) Sheridan Companys record of transactions concerning part X for the month of April was as follows.

Purchases
Sales
April 1 (balance on hand) 260 @ $5.70 April 5 460
4 560 @ 5.81 12 360
11 460 @ 6.04 27 1,120
18 360 @ 6.10 28 150
26 760 @ 6.38
30 360 @ 6.61

Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to 0 decimal places, e.g. $6,548.)

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