1. Yardbirds Enterprises is planning to invest $36,000 each year for eight years. What will be the value of the investment at the end of eight years if the company can earn 8%?

2. The following information pertains to April 2019 for Eddington Enterprises:

Beginning inventory 10 units @ $1,000 per unit First purchase 25 units @ $1,400 per unit Second purchase 25 units @ $1,800 per unit Ending inventory 20 units

Using LIFO, determine the total cost of the ending inventory.