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.

A) FIFO

B)LIFO

C)Weighted Average