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Transactions for the month of June were: Purchases Sales June 1 (balance) 3230 @ $3.10 June 2 2500 @ $5.60 3 8870 @ 3.00 6

Transactions for the month of June were:

Purchases Sales
June 1 (balance) 3230 @ $3.10 June 2 2500 @ $5.60
3 8870 @ 3.00 6 6310 @ 5.60
7 4900 @ 3.20 9 3980 @ 5.60
15 7160 @ 3.30 10 1640 @ 7.00
22 2040 @ 3.40 18 5640 @ 7.00
25 750 @ 7.00

Assuming that perpetual inventory records are kept in units only, the ending inventory on a LIFO basis is

$16463.

$17958.

$16678.

$17216.

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