Obj, 2,3 EX 6-7 FIFO and LIFO costs under perpetual inventory system 1,258,000 The following units of an item were available for sale during the year: Beginning inventory Sale First purchase Sale Second purchase Sale 8,100 units at $180 5,300 units at $300 15,000 units at $185 13,000 units at $300 16,000 units at $192 14,000 units at $300 ME HOW The firm uses the perpetual inventory system, and there are6 end of the year What is the total cost of the ending inventory according to (a) FIFO and (b) LIFO m on hand at the