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Transactions for the month of June were: Purchases Sales 2340 @ $5.40 (balance) 3180 @ $3.30 June 2 June 1 3 8720 @ 3.20 6360

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Transactions for the month of June were: Purchases Sales 2340 @ $5.40 (balance) 3180 @ $3.30 June 2 June 1 3 8720 @ 3.20 6360 @ 5.40 6 4890@ 3.40 9 3960 @ 5.40 7 15 7180 @ 3.50 10 1500 @ 5.00 22 1980 @ 3.60 18 5670@ 5.00 25 750 @ 5.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is $16830. $18213. $17030. $18993

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