Concord Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available.

Compute the April 30 inventory and the April cost of goods sold using the LIFO method.

Ending inventory		$enter a dollar amount
Cost of goods sold		$enter a dollar amount

Units Unit Cost Total Cost April 1 inventory 260 $15 $3,900 April 15 purchase 430 18 7,740 April 23 purchase 310 20 6,200 1,000 $17,840