Vader owns a small laser store that sells one type of laser. His beginning inventory of lasers was made up of 5,000 boxes costing $50.00 per box ($250,000), and he made the following purchases of lasers during the year. Purchases Jan 15 4,000 boxes at $45 $180,000 Feb 18 8,000 boxes at $40 320,000 April 122,000 boxes at $50 100,000 At the end of the year, Vader's inventory consisted of 5,500 boxes of lasers. Calculate Vader's ending inventory and cost of goods sold using the FIFO inventory valuation method. Calculate Vader's ending inventory and cost of goods sold using the LIFO inventory valuation method