Transactions for the month of June were: June 1 Purchases (balance) 3200 @ $3.10 8740 @ 3.00 4850 @ 3.20 7170 @ 3.30 1950 @ 3.40 June 2 6 3 7 15 9 Sales 2320 @ $5.60 6470 @ 5.60 4010 @ 5.60 1670 @ 7.00 5500 @ 7.00 840 @ 7.00 22 10 18 25 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is