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 195 199 32199 26188 18194 January 21 February 3 February 28 March 13 April 6 May 23 June 3 June 20 August 15 September 20 November 7 165215 41 212 38 222 64 228 16212 16 215 200 199 The December 31, 2019, inventory included 8 blowers and 22 mowers. Assume the company uses a periodic inventory system Required: 6-1. Compute ending inventory valuation at December 31, 2019. under the FIFO and LIFO cost flow assumptions FIFO LIFO Blowers Mowers 3-2. Is there any difference in valuation under FIFO and LIFO. Yes NO b. If the cost of mowers had increased to $246 each by December 1, and if management had purchased 30 mowers at that time and if