Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method perpetually at the time of each sale, as if it uses perpetual inventory system. Assume Oahu Kiki's records show the following for the month of January. The company sold 310 units between January 16 and 23.

Beginning InventoryJanuary 1Units 140Unit Cost $85Total Cost $11,900

Purchase Date January 15 Units 470 Unit Cost 95Total Cost $44,650

Purchase Date January 24 units 240 unit cost 115 total cost 27,600

Calculate the cost of ending inventory and the cost of goods sold using the FIFO and LIFO methods.