During June, the following changes in inventory item 27 took place:

June 1		Balance		1,470 units	@ $37
8		Sold		360 units	@ $70
10		Sold		1,110 units	@ $63
14		Purchased		890 units	@ $56
24		Purchased		680 units	@ $44
29		Sold		450 units	@ $65

Perpetual inventories are maintained.

a. What is the cost of the ending inventory for item 27 under the FIFO method?

b. What is the cost of the ending inventory for item 27 under the LIFO method?