Transactions for the month of June were: Purchases June 1 (balance) 3,200 $3.20 3 8,800 @3.10 7 4,800 @3.30 15 7,200 @ 3.40 2,000 @ 3.50 June 2 6 9 10 18 25 Sales 2,400 @ $5.50 6,400 @ 5.50 4,000 @ 5.50 1,600 @ 6.00 5,600 @ 6.00 800 @6.00 22 Transactions for the month of June were: Purchases June 1 (balance) 3,200 @ $3.20 3 8,800 @3.10 7 4,800 @3.30 7,200 @ 3.40 22 2,000 @ 3.50 June 2 6 9 10 Sales 2,400 a $5.50 6,400 @ 5.50 4,000 @ 5.50 1,600 @ 6.00 5,600 @ 6.00 800 @6.00 15 18 25 Assuming that perpetual inventory records are kept, the ending inventory on a LIFO basis is O $17,160. 0 $17,880. $16,440. O None of these answer choices are correct. O $16,640