The following is a record of Wildhorse Company's transactions for Boston Teapots for the month of May 2020. 472 units @ May 10 Sale 354 units @ May 1 12 Balance Purchase Purchase $36.00 $36.00 708 units $20.00 $27.00 $29.00 @ 20 Sale 637 units @ 28 472 units (a) Your answer is partially correct. Assuming that perpetual inventories are not maintained and that a physical count at the end of the month shows 661 units on hand, what is the cost of the ending inventory using (1) FIFO and (2) LIFO? (1) FIFO (2) LIFO Ending Inventory 18791 $ 17021