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The following information relates to item P0004 stocked by NIKE products Ltd for the month of April 2000:
Receipts
Issues
Date
Units
Units
Unit cost (Sh)
April3
2,400
180
4
3,200
6
2,600
200
12
2,700
14
3,000
220
18
2,800
210
20
2,200
22
2,600
230
25
3,800
26
3,100
240
27
2,500
250
28
3,200
260
29
6,900
The closing balance for March 2000 was a batch of 3,000 units received at a unit price of Sh 190.
Required:
a) Stores perpetual inventory record for item P0004 for May 2000 under LIFO system of stores issues. 
b) Closing stock valuation