Question 5 The Pins Shop shows the following data related to an item of inventory Inventory, January 1 100 units @ $5.00 Purchases, January 9 300 units @ $5.40 Purchases, January 19 70 units @ $6.00 Ending Inventory, end of the month, 170 Units REQUIRED: a. What value should be assigned to the ending inventory and cost of goods sold using FIFO? b. What value should be assigned to the ending inventory and cost of goods sold using LIFO