The following units of an item were available for sale during the year: Beginning inventory 38 units at $45 Sale 26 units at $72 First purchase 16 units at $48 Sale 14 units at $74 Second purchase 27 units at $51 Sale 25 units at $75 The firm uses the perpetual inventory system, and there are 16 units of the item on hand at the end of the year. a. What is the total cost of the ending inventory according to FIFO? $fill in the blank 1 b. What is the total cost of the ending inventory according to LIFO