The following data regarding purchases and sales of a commodity were taken from the related perpetual inventory account:

June 1	Balance	35 units at $40
6	Sale	25 units
8	Purchase	30 units at $41
16	Sale	20 units
20	Purchase	30 units at $42
23	Sale	20 units
30	Purchase	25 units at $43

Calculate the cost of the ending inventory at June 30, using (1) the first-in, first-out (FIFO) method and (2) the last-in, first-out (LIFO) method.