Transactions for Sunland Ltd. for the month of June were: Purchases Sales June 1 (balance) 420@ $3.30 June 2 290@ $5.70 3 1120@ 3.20 6 850@ 5.70 7 600@ 3.40 9 510@ 5.70 15 910@ 3.50 10 220@ 6.20 22 250@ 3.60 18 750@ 6.20 25 200@ 6.20 Sunland Ltd. uses the periodic inventory system. The ending inventory on a weighted average cost basis, rounded to the nearest dollar, is (Round intermediate calculations to 3 decimal places, eg. 2.456) O $1614. O $1623. O $1632. O $1644