Novak Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 4 8 13 21 29 1,740 @ 4,350 @ 2,320 @ 3,480 @ 2,030 @ 1,450 @ 15,370 $5.50 5.60 5.90 6.00 6.10 6.30 April 3 9 11 23 27 Sales 1,450 @ $10.00 4,060 @ 1,740 @ 3,480 @ 2,610 @ 13,340

Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO.