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Transactions for the month of June were: Purchases Sales June 1 (balance) 3290 @ $3.10 June 2 2470 @ $5.40 3 8700 @ 3.00 6

Transactions for the month of June were:

Purchases Sales
June 1 (balance) 3290 @ $3.10 June 2 2470 @ $5.40
3 8700 @ 3.00 6 6430 @ 5.40
7 4760 @ 3.20 9 4090 @ 5.40
15 7280 @ 3.30 10 1680 @ 7.00
22 2080 @ 3.40 18 5520 @ 7.00
25 810 @ 7.00

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

$15841.

$17071.

$15659.

$16352.

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