Current Attempt in Progress The following is a record of Marigold Company's transactions for Boston Teapots for the month of May 2025. May 1 Balance 416 units @ $22.00 May 10 Sale 312 units @ $41.00 12 Purchase 624 units $23.00 20 Sale 562 units @ $41.00 28 Purchase 416 units @ $32.00 (b) Your answer is partially correct. Assuming that perpetual records are maintained and they tie into the general ledger, calculate the ending inventory using (1) FIFO and (2) LIFO Ending inventory (1) FIFO (2) LIFO 17130 $ 12970