Nash Appliance Mart began operations on May 1. It uses a perpetual inventory system, During May, the company had the following purchases and sales for its Model 25 Sureshot camera. Determine the ending imventory under a perpetual imventory system using (1) FIFO and (2) moving-average cost. (Round moving average unit cost to 3 decimal places, e.y. 25.167 and final answers to 0 decimal places, e.s. 2,150.) Which costing method produces (1) the higher ending imventory valuation and (2) the lower ending inventory valuation? (1) method produces the higher ending inventory valuation. (2) method produces the lower ending inventory valuation