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Mower Blower Sales Co. started business on January 20, 2019. Products sold were snow blowers and lawn mowers. Each product sold for $350. Purchases during

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Mower Blower Sales Co. started business on January 20, 2019. Products sold were snow blowers and lawn mowers. Each product sold for $350. Purchases during 2019 were as follows: Mowers Blowers 210 $ 197 40196 37e 199 189 194 Book January 21 February 3 February 28 March 13 April 6 May 22 June 3 June 20 August 15 September 20 November 7 Print 175208 43@ 219 37 223 62 230 199 219 17e 208 aronicos 17e 197 The December 31, 2019, inventory included 8 blowers and 28 mowers. Assume the company uses a periodic inventory system, Required: 8-1. Compute ending inventory valuation at December 31, 2019, under the FIFO and LIFO cost flow assumptions FIFO LIFO $ 18,793 s 18,793 Blowers Mowers Mower Blower Sales Co. started business on January 20, 2019. Products sold were snow blowers and lawn mowers. Each product sold for $350. Purchases during 2019 were as follows: Mowers Blowers 210 $ 197 40196 37e 199 189 194 Book January 21 February 3 February 28 March 13 April 6 May 22 June 3 June 20 August 15 September 20 November 7 Print 175208 43@ 219 37 223 62 230 199 219 17e 208 aronicos 17e 197 The December 31, 2019, inventory included 8 blowers and 28 mowers. Assume the company uses a periodic inventory system, Required: 8-1. Compute ending inventory valuation at December 31, 2019, under the FIFO and LIFO cost flow assumptions FIFO LIFO $ 18,793 s 18,793 Blowers Mowers

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