Transactions for Durham Ltd. for the month of June were: Purchases June 1 (balance) 3 June 2 6 7 400 @ $ 3.20 1,100 @ 3.10 600 @ 3.30 900 @ 3.40 250 @ 3.50 9 Sales 300 @ 800 @ 500 @ 200 @ 700 @ 150 @ $5.50 5.50 5.50 6.00 6.00 6.00 15 10 22 18 25 Durham Ltd. uses the periodic inventory system. The ending inventory on a weighted average-cost basis, rounded to the nearest dollar, is O $1,956. $1,970. $1,980. O $1,995