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

	Transaction	Units		Unit Cost			Total Cost
January 1	Beginning Inventory	16		$	66		$	1,056
March 28	Purchase	26			72			1,872
August 22	Purchase	32			76			2,432
October 14	Purchase	37			82			3,034
Goods Available for Sale		111					$	8,394

The company sold 37 units on May 1 and 32 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. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.)