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Transactions for the month of June were: Purchases Sales June (balance) 3130 $3.30 8700 Q 3.20 4820 @ 3.40 7280 3.50 1900 @ 3.60 June

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Transactions for the month of June were: Purchases Sales June (balance) 3130 $3.30 8700 Q 3.20 4820 @ 3.40 7280 3.50 1900 @ 3.60 June 2 2430 $5.40 6 6410 5.40 93930 @ 5.40 3 15 10 1530 7 185530 @ 850 @ 7 25 7 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is O $16609. O $17495. $18215. O $16409

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