Elsas Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Elsas purchases of Xpert snowboards during September is shown below. During the same month, 172 Xpert snowboards were sold. Elsas uses a periodic inventory system.

Date	Explanation	Units	Unit Cost	Total Cost
Sept 1	Inventory	37	$97	$3589
Sept 12	Purchases	64	$104	$6,656
Sept 19	Purchases	28	$109	$3,052
Sept 26	Purchases	71	$105	$7,455
	Totals	200		$20,752

Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods.

	FIFO	LIFO
The ending inventory at September 30
Cost of goods sold

For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold.

	FIFO	LIFO
The sum of ending inventory and cost of goods sold