Imentory information for Part $311$ of Marigold Corp. discloses the following information for the month of June:

$\backslash$table$[[=1,$Balance,$440$units@$$1,$June $10,$Sold,$300$ units@$$2\mathrm{.}40],[11,$Purchased,$1\mathrm{.}190$units@$$2,15,$old,$40$ units@$$2\mathrm{.}5],[20,$Purchased,$740$units@$$3,27,$Sold,$40$ units$]]$

$($a$)$

Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under $(1)$ LIFO and $(2)$ FIFO.