Codys Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Codys Fishing Hole uses a periodic inventory system.

Date	Transactions	Units	Unit Cost	Total Cost
June 1	Beginning inventory	16	$280	$4,480
June 7	Sale	11
June 12	Purchase	10	270	2,700
June 15	Sale	12
June 24	Purchase	10	260	2,600
June 27	Sale	8
June 29	Purchase	10	250	2,500
				$12,280

2. Using FIFO, calculate ending inventory and cost of goods sold at June 30.

4. Using weighted-average cost, calculate ending inventory and cost of goods sold at June 30. (Round your intermediate calculations to 4 decimal places and final answers to 2 decimal places.)