ransactions for the month of June were:

Purchases

Sales

June 1	(balance) 3,200 @ $3.20	June 2	2,400 @ $5.50
3	8,800 @ 3.10	6	6,400 @ 5.50
7	4,800 @ 3.30	9	4,000 @ 5.50
15	7,200 @ 3.40	10	1,600 @ 6.00
22	2,000 @ 3.50	18	5,600 @ 6.00

25

800 @ 6.00

Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is

Group of answer choices

$17,880.

$16,440.

$17,160.

$16,640.