2 !! The following is a record of Blue Company's transactions for Boston Teapots for the month of May 2020. May 1 12 May 10 Sale Balance Purchase Purchase 488 units 732 units 488 units @ $22.00 @ $23.00 $32.00 366 units @ $39.00 659 units @ $39.00 20 Sale 28 (a) Assuming that perpetual inventories are not mintained and that a physical count at the end of the month shows 683 units on hand what is the cost of the ending inventory (1) FIFO and (2) LIFO? (1) FIFO (2) LIFO Ending Inventory $ $