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Shane has the following inventory information. July 1 Beginning Inventory 26 units at $88 5 Purchases 115 units at $90 14 Sale 84 units 21

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Shane has the following inventory information. July 1 Beginning Inventory 26 units at $88 5 Purchases 115 units at $90 14 Sale 84 units 21 Purchases 63 units at $100 30 Sale 54 units Assuming that a perpetual inventory system is used, what is the ending inventory on a FIFO basis? $5,378 $6,570 $6,350 $6,848

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