The transaction for the month of July for Cullumber's Bookstore were as followed:

Purchases Sales

July $1($balance$)620$ @ $$7\mathrm{.}40$ July $3370$ @ $$9\mathrm{.}00$

$81,240$ @ $$7\mathrm{.}5012930$ @ $$9\mathrm{.}25$

$22640$ @ $$7\mathrm{.}7025760$ @ $$9\mathrm{.}50$

$30280$ @ $$7\mathrm{.}85$

Assume the perpetual inventory records are kept in units and dollars

$1.$ Determine the ending inventory value under FIFO method $($ round answer to $0$ decimal places, e$.$g$.5,275).$

$2.$ Determine the ending inventory value under LIFO method $($ round answer to $0$ decimal places, e$.$g$.5,275).$