Transactions for the month of June were:

Purchases					Sales
June 1		(balance) 3150 @	$3.20		June 2		2310 @	$5.40
3		8880 @	3.10		6		6330 @	5.40
7		4900 @	3.30		9		3990 @	5.40
15		7170 @	3.40		10		1500 @	7
22		2060 @	3.50		18		5640 @	7
					25		770 @	7

Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is

$16466.

$18481.

$16666.

$19314