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The inventory data for an item for June are: June 1 Inventory 175 units at $25 June 5 Sold 60 units June 8 Purchased 200

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The inventory data for an item for June are: June 1 Inventory 175 units at $25 June 5 Sold 60 units June 8 Purchased 200 units at $27 June 19 Sold 140 units June 29 Purchased 75 units at $30 Using a perpetual system, what is the ending inventory at June 30 if the company uses FIFO? $5,0 $5,280 $6,975 $6,745

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