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

June 1		Balance		1,420 units	@ $35
14		Purchased		870 units	@ $55
24		Purchased		700 units	@ $45
8		Sold		300 units	@ $74
10		Sold		1,120 units	@ $60
29		Sold		510 units	@ $65

Perpetual inventories are maintained.

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

Cost of the ending Inventory?

$

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

Cost of the ending inventory

$