Compute the cost to be assigned to ending inventory for each of the methods indicated given the following information about purchases and sales during the year. (Do not round intermediate calculations. Round final answers to decimal places, e.g. 2,520.) January 1 1 May Beginning Inventory Purchases Total Available Total Sales Ending Inventory 105 items @ $4 400 items @ $9 505 items 360 items 145 $420 3,600 $4,020 December 31 Cost assigned on an average cost basis $ $ Cost assigned on a FIFO basis $ Costs assigned on a LIFO basis $