The following data are for the Miller Corporation, which sells just one product:

		Units	Unit Cost
Beginning inventory	January 1	200	$27
Purchases:	February 11	500	$29
	May 18	400	$34
	October 23	100	$41
Sales	March 1	400
	July 1	400

Calculate the value of ending inventory and cost of goods sold using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted-average cost method. Round your final answers to the nearest dollar.

	Cost of goods sold	Ending inventory
a. FIFO
b. LIFO
c. Weighted average