Question 20 pts Transactions for ABC Company for the month of June were: Purchase Date Purchases Sale Date Sales June 1 (beg balance) 3,200 e $3.20 June 2 2,400 @ $5.50 June 3 June 7 8.800 @ $3.10 4.800 @ $3.30 7,200 @ $3.40 2,000 @ $3.50 June 15 6,400 @ June 6 $5.50 4,000 @ June 9 $5.50 1.600 @ June 10 $6.00 5,600 @ June 18 $6.00 800 @ June 25 $6.00 June 22 1) What is the ending inventory on a periodic LIFO basis? 2) What is the ending inventory on a FIFO basis? 3) What is the ending inventory on an average-cost basis