1. The following data are available for ABC Company for the fiscal year ended on 12/31/17 $500

1. Sales..3,200 units
2. Beginning inventory .1,000 units @ $8
3. Purchase on March 1^st 1,200 units @ $10
4. Purchase on June 1^st 1,600 units @ $12
5. Purchase on Oct 1^st .. 800 units @ $16

*Calculate both COGS and Ending Inventory under both LIFO and FIFO Show your work.