Question 5 View Policies Current Attempt in Progress The Cullumber Shop shows the following data related to an item of inventory: Inventory, January 1 315 units @ $4 Purchase, January 9 920 units @ $4.5 Purchase, January 19 215 units @ $5 Inventory, January 31 315 units What value should be assigned to the ending inventory using FIFO? Value assigned to the ending inventory $ What value should be assigned to cost of goods sold using LIFO? Value assigned to the cost of goods sold $