The following information is available for Blossom Company: Beginning inventory 480 units at $5.00 First purchase 720 units at $6.00 Second purchase 400 units at $8.00 Assume that Blossom uses a periodic inventory system and that there are 610 units left at the end of the month. Compute the cost of ending inventory under the (a) FIFO method. (b) LIFO method. Cost of ending inventory FIFO $ LIFO $