Sheridan Corporation sells item A as part of its product line. Information as to balances on hand, purchases, and sales of item A are given in the following table for the first six months of 2020. Quantities Date Purchased Sold Balance Unit Price of Purchase January 11 500 $4,50 January 24 1,320 1,820 $5.00 February 8 400 1,420 March 16 615 805 June 11 630 1,435 $5.10 Compute the ending inventory at June 30 under the perpetual LIFO inventory pricing method. Ending inventory $