Exercise 8-11 (Part Level Submission) Bonita Company's record of transactions for the month of April was as follows. Purchases Sales April 3 April 1 (balance on hand) 780 @$6.00 650@ $10.00 1,950 @ 6.08 4 9 1,820 @ 10.00 8 1,040 @ 6.40 11 780@ 11.00 23 1,560 @ 1,560 @ 11.00 13 6.50 27 1,170 @ 910 @ 12.00 21 6.60 650 @ 5,980 29 6.79 6,890 Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to 0 decimal places, e.g. 2,760.) (1) FIFO (2) LIFO Inventory