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Sheridan Company just began business and made the following four inventory purchases in June: June 1 135 units $810 June 10 180 units 1260 June

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Sheridan Company just began business and made the following four inventory purchases in June: June 1 135 units $810 June 10 180 units 1260 June 15 180 units 1440 June 28 135 units 1215 $4725 A physical count of merchandise inventory on June 30 reveals that there are 180 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is O $1620. $1575. $ 1081. O $1125

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