Lucky Lulu had 4,500 units on hand at December 31st. In addition, it has the following inventory information:

	Units	Cost Per Unit	Total Value
Beginning Inventory	1,000	$3.00	$3,000
June 1 Purchase	7,000	$3.30	$23,100
September 5 purchase	9,000	$3.45	31,050
Total	17,000

Determine the cost (value) of ending inventory 4,500 units) under LIFO and FIFO methods:

LIFO ending inventory = $__________

FIFO ending inventory = $__________