The Rock Shop shows the following data related to an item of inventory:

Inventory, January 1		300 units		@ $5.00
Purchase, January 9		900 units		@ $5.40
Purchase, January 19		210 units		@ $6.00
Inventory, January 31 What value should be assigned to the ending inventory using FIFO? Value assigned to the ending inventory What value should be assigned to cost of goods sold using LIFO? Value assigned to the cost of goods sold		300 units