FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year:

Beginning inventory 9,200 units at $150

Sale 5,400 units at $250

First purchase 12,800 units at $155

Sale 10,400 units at $250

Second purchase 14,100 units at $162

Sale 12,600 units at $250

The firm uses the perpetual inventory system, and there are 7,700 units of the item on hand at the end of the year.

a. What is the total cost of the ending inventory according to FIFO? $fill in the blank 1

b. What is the total cost of the ending inventory according to LIFO? $fill in the blank 2