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SheffieldAppliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was3sets at$640each. On January 10,Sheffieldpurchased6units at $680each. The company sold2units

SheffieldAppliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was3sets at$640each. On January 10,Sheffieldpurchased6units at $680each. The company sold2units on January 8 and5units on January 15.

Compute the ending inventory under FIFO.

Ending inventory $=?

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