Co. uses a periodic inventory system. Its records show the following for the month of May, in which 120 units were sold.

			Units			Unit Cost			Total Cost
May 1		Inventory		56			$11			$616
15		Purchases		46			14			644
24		Purchases		65			15			975
		Totals		167						$2,235

Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods.

		FIFO		LIFO
Ending inventory at May 31		$		$
Cost of goods sold		$		$