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Sheridan Company just began business and made the following four inventory purchases in June: June 1 135 units $810 June 10 180 units 1260 June

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Sheridan Company just began business and made the following four inventory purchases in June: June 1 135 units $810 June 10 180 units 1260 June 15 180 units 1440 June 28 135 units 1215 $4725 A physical count of merchandise inventory on June 30 reveals that there are 180 units on hand. Using the LIFO inventory metho the value of the ending inventory on June 30 is O $1575. $1620 $1125 $1080

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