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

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Mower-Blower Sales Co. started business on January 20, 2019. Products sold were snowblowers and lawn mowers. Each product sold for $350. Purchases during 2019 were as follows: Mowers January 21 February 3 February 28 March 13 April 6 Blowers 244 $195 312 196 390 188 17 195 May 22 June 3 June 20 August 15 September 20 November 7 19e $200 310 219 434 217 52 231 190 219 199 200 240 195 The December 31, 2019, inventory included 10 blowers and 28 mowers. Assume the company uses a periodic inventory system. Required: a-1. Compute ending inventory valuation at December 31, 2019, under the FIFO and LIFO cost flow assumptions. FIFO LIFO Blowers Mowers

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