Transactions for the month of June were Purchases Sales 2460 @ $5.70 June 1 (balance) 3230 @ $3.20 June 2 8900@ 3.10 6320@ 3 6 5.70 4780@ 7 3.30 9 4080 @ 5.70 7300@ 10 1510 @ 15 3.40 7.00 2100 @ 3.50 22 18 5570 @ 7.00 780 @ 25 7.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is $18453 $16846 $17046 $19216