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Transactions for the month of June were: June 1 3 June 2 6 Purchases (balance) 3130 @ $3.10 8820 @ 3.00 4850 @ 3.20 7210

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Transactions for the month of June were: June 1 3 June 2 6 Purchases (balance) 3130 @ $3.10 8820 @ 3.00 4850 @ 3.20 7210 @ 3.30 2020 @ 3.40 7 9 Sales 2330 @ $5.70 6410 @ 5.70 4030 @ 5.70 1520 @ 6.00 5590 @ 6.00 830 @ 6.00 15 10 22 18 25 Assuming that periodic inventory records are kept in units only, the ending inventory on a LIFO basis is

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