Transactions for the month of June were:

Purchase Sales

June 1 (balance) 1,200 @ 3.20

June 2 900 @ 5.50

June 3 3,300 @ 3.10

June 6 2,400 @ 5.50

June 7 1,800 @ 3.30

June 9 1,500 @ 5.50

June 10 600 @ 6.00

June 15 2,700 @ 3.40

June 18 2,100 @ 6.00

June 22 750 @ 3.50

June 25 450 @ 6.00

Assuming that perpetual inventory record are kept in pesos, the ending inventory on a FIFO basis is

• P5,700
• P5,760
• P6,300
• P6,195
• Answer not given