In its first month of operations, Monty Company made three purchases of merchandise in the following sequence: (1) 290 units at $6, (2) 410 units at $7, and (3) 210 units at $8. Assuming there are 360 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method. Monty uses a periodic inventory system.

Ending Inventory: FIFO $ LIFO$