The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows:

Date		Transaction	Number of Units		Per Unit		Total
Apr. 3		Inventory	60		$525		$31,500
8		Purchase	120		630		75,600
11		Sale	80		1,750		140,000
30		Sale	50		1,750		87,500
May 8		Purchase	100		700		70,000
10		Sale	60		1,750		105,000
19		Sale	30		1,750		52,500
28		Purchase	100		770		77,000
June 5		Sale	60		1,840		110,400
16		Sale	80		1,840		147,200
21		Purchase	180		840		151,200
28		Sale	90		1,840		165,600

1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the last-in, first-out method. Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.

Dunne Co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Cost of Goods Sold Quantity Unit Cost Total Cost Purchases Unit Cost Inventory Unit Cost Date Quantity Total Cost Quantity Total Cost Apr. 3 $ Apr. 8 Apr. 11 Apr. 30 May 8 OLI 01 10 May 10 lo May 19 May 28 June 5 June 16 June 21 June 28 June 30 Balances 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales Total cost of goods sold Gross profit from sales 3. Determine the ending inventory cost as of June 30