Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO Grouper Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 1,440 at $6.00 April 4. 3,600 at $6.08 April 8. 1,920. at $6.40 April 13. 2,880. at. $6.50 April 21. 1,680. at. $6.60 April. 29. $6.79 1,200. at. 12,720 SALES April 3. 1,200. at. $10.00 April 9. 3,360.at. $10.00 April 11. 1,440 at. $11.00 April 23. 2,880. at. $11.00 April 27 $12.00 2,160. at 11,040