In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 348 units at $6, (2) 464 units at $8, and (3) 580 units at $9. Assuming there are 232 units on hand at the end of the period, compute the cost of the ending inventory under (a) the FIFO method and (b) the LIFO method. Sunland uses a periodic inventory system. Ending Inventory FIFO $ LIFO