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Transactions for the month of June were: June 2 June 1 3 7 6 Purchases (balance) 3100 @ $3.20 8830 @ 3.10 4780 @ 3.30

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Transactions for the month of June were: June 2 June 1 3 7 6 Purchases (balance) 3100 @ $3.20 8830 @ 3.10 4780 @ 3.30 7220 @ 3.40 1900 @ 3.50 9 Sales 2450 @ $5.60 6410 @ 5.60 4050 @ 5.60 1570 @ 7.00 5690 @ 7.00 830 @ 7.00 15 22 10 18 25 Assuming that periodic inventory records are kept in units only, the ending inventory on a LIFO basis is O $15456. O $15939. $15283 O $16612

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