Suppose a Williams store in Hartville$,$Missouri$,$ ended March $2018$ with $750,000$ units of merchandise that cost $ $10$ each. Suppose the store then sold $80,000$ units for $$930,000$ during April. $$Further$,$ assume the store made two large purchases during April as$$ follows:

Apr $1420,000$ units @ $$8\mathrm{.}10=$ $$162,000$

Apr $2835,000$ units @ $$7\mathrm{.}20=$ $$252,000$

Calculate the$$ store's gross profit under both FIFO and LIFO at April $30$