Consider the following information for Maynor Company, which uses a perpetual inventory system:

	Transaction	Units	Unit Cost	Total Cost
January 1	Beginning Inventory	28	$ 78	$ 2,184
March 28	Purchase	38	84	3,192
August 22	Purchase	56	88	4,928
October 14	Purchase	61	94	5,734
Goods Available for Sale		183		$ 16,038

The company sold 61 units on May 1 and 56 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods.

1. FIFO
2. LIFO
3. Weighted Average

Ending Inventory
Cost of Goods Sold