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

June 1		Balance		301 units @ $15		June 10		Sold		198 units @ $36
11		Purchased		802 units @ $18		15		15 Sold		498 units @ $37
20		Purchased		495 units @ $19		27		27 Sold		296 units @ $40

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

		(1) LIFO		(2) FIFO
Cost of Goods Sold
Ending Inventory