During February, Spring Co., which maintains a perpetual inventory system, recorded the following information pertaining to its inventory:

	Units	Unit Cost	Total Cost	Units on Hand
Balance on Feb 1	500	$2	$1,000	500
Purchased Feb 8	600	$3	1,800	1,100
Purchased Feb 9	200	$3	600	1,300
Sold Feb 25	400			900
Purchased Feb 28	400	$4	1,600	1,300

Spring is considering using either Moving-average or FIFO as their inventory method and wants to know what the balance at February 28 would be under both. What is the correct Moving-average and FIFO balances at February 28? (round to nearest dollar).