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Thank you! Transactions for the month of June were: Purchases Sales June 1 (balance) 3140 @ $3.30 June 2 2460 @ $5.30 3 8900 @

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Transactions for the month of June were: Purchases Sales June 1 (balance) 3140 @ $3.30 June 2 2460 @ $5.30 3 8900 @ 3.20 6 6320 @ 5.30 7 4820 @ 3.40 9 4040 @ 5.30 15 7140 @ 3.50 10 1650 @ 6.00 22 2060 @ 3.60 18 5600 @ 6.00 25 790 @ 6.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is O $17678. O $18406. O $16954. $17154

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