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Inventory Valuation:

If a company uses the LIFO $($Last$-$In$-$First$-$Out$)$ method for inventory valuation and purchases $100$ units at $$10$ each, then purchases $150$ more units at $$12$ each, what is the value of ending inventory if $120$ units are sold?

$2.$Depreciation:

A company purchases a delivery truck for $$30,000$ with a salvage value of $$3,000$ and an estimated useful life of $6$ years. If the company uses the double$-$declining balance method, what is the depreciation expense for the second year?

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This question already posted and received correct answer. Kindly Don't answer.