Inventory information for Part 311 of Concord Corp. discloses the following information for the month of June.

June 1		Balance		302 units @ $11		June 10		Sold		198 units @ $27
11		Purchased		803 units @ $13		15		Sold		498 units @ $28
20		Purchased		498 units @ $14		27		Sold		296 units @ $30

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