Lannister Inc. holds 12,000 units of inventory on January 1, 2017. Under FIFO the inventory lot costs are:

Inventory Date Units Cost / Total Cost Lot Unit H 12/13/2016 6,000 $120 $720,000 12/22/2016 6,000 $125 $750,000 Under LIFO the same inventory lots costs are: Inventory Date Units Cost / Total Cost Lot Unit A 4/22/2012 2,000 $60 $120,000 F 10/15/2014 4,000 $84 $336,000 12/22/2016 6,000 $125 $750,000