In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 310 units at $7, (2) 490 units at $8, and (3) 210 units at $9. Assuming there are 360 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Sunland uses a periodic inventory system.

		FIFO		LIFO
Cost of the ending inventory		$enter a dollar amount		$enter a dollar amount