In its first month of operations, Swifty Corporation made three purchases of merchandise in the following sequence: (1) 205 units at $9, (2) 410 units at $10, and (3) 405 units at $11. Assuming there are 110 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Swifty uses a periodic inventory system.