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Transactions for the month of June were: June 1 3 7 15 22 Purchases (balance) 3270 @ $3.00 8800 @ 2.90 4740 @ 3.10 7290

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Transactions for the month of June were: June 1 3 7 15 22 Purchases (balance) 3270 @ $3.00 8800 @ 2.90 4740 @ 3.10 7290 @ 3.20 1970 @ 3.30 June 2 6 9 10 18 25 Sales 2360 @ $5.50 6490 @ 5.50 3970 @ 5.50 1630 @ 7.00 5700 @ 7.00 750 @ 7.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is O $16049. O $15723 O $16741. O $15523

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