Concord Company uses a periodic system reports the following for the month of June.

				Units			Unit Cost			Total Cost
June 1		Inventory		200			$5			$ 1,000
12		Purchase		450			6			2,700
23		Purchase		320			7			2,240
30		Inventory		120

Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO.

		FIFO		LIFO
Cost of the ending inventory		$		$
Cost of goods sold