Question 9 The following is a record of Cannondale Company's transactions for Boston Teapots for the month of May 2015. May 1 Balance 400 units @ $20 May 10 Sale 300 units @ $38 12 Purchase 600 units $25 20 Sale 590 units @ $38 28 Purchase 400 units @ $30 Assuming that perpetual inventories are not maintained and that a physical count at the end of the month shows sio units on hand, what is the cost of the ending Inventory using (1) FIFO and (2) LIFO? Ending inventory FIFO LIFO Assuming that perpetual records are maintained and they tle into the general ledger, calculate the ending Inventory usino () FIFO and (2) LIFO. Ending inventory FIFO LIFO