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Waterway Appliance uses a perpetual inventory system. For its flat - screen television sets, the January 1 inventory was 3 sets at $ 6 4

Waterway Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $640 each. On January 10, Waterway purchased 6 units at $710 each. The company sold 2 units on January 8 and 5 units on January 15.
(a)
Compute the ending inventory under FIFO.
FIFO
The ending inventory
$
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