Sage Hill Inc. sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is information relating to Sage Hill Inc's purchases of WhiteOut snowboards during September. During the same month, 120 WhiteOut snowboards were sold at $170 each. Sage Hill Inc. uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 29 $100 $2,900 Sept. 12 Purchases 42 106 4,452 Sept. 19 Purchases 28 110 3,080 Sept. 26 Purchases 46 112 5,152 Totals 145 $15,584 What is gross profit under each method? FIFO LIFO Gross profit $ $