Transactions for the month of June were: Purchases Sales June 1 (balance) 3240 @ $3.30 June 2 2500 @ $5.50 3 8900 @ 3.20 6 6320 @ 5.50 7 4840 @ 3.40 9 3910 @ 5.50 15 7240 @ 3.50 10 1510 @ 7.00 22 1940 @ 3.60 18 5500 @ 7.00 25 780 @ 7.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is $16900. $19934. $19108. $17100