Bramble Appliance Mart began operations on May 1. It uses a perpetual inventory system. During May, the company had the following purchases and sales for its Model 25.Sureshot camera. Purchases DateMay1Units6UnitCostNT$11,040 May4May86NT$12,240 May 12 May 155 NT\$13,248 May 20 2 May 25 4 Determine the ending inventory under a perpetual inventory system using (1) FIFO and (2) moving-average cost. (Round moving average unit cost to 3 decimal places, e.g. 25.167 and final answers to 0 decimal places, eg. 2,150.) Which costing method produces (1) the higher ending inventory valuation and (2) the lower ending inventory valuation? (1) method produces the higher ending inventory valuation. (2) method produces the lower ending inventory valuation