X Your answer is incorrect.

In its first month of operations, Marigold Company made three purchases of merchandise In sequence: $(1)205$ units at $$5,(2)290$ units at $$6,$ and $(3)390$ units at $$9.$ Assuming there are $240$ u hand, compute the cost of the ending inventory under $(1)$ the FIFO method and $(2)$ the LIFO metho Marigold uses a periodic inventory system.

Cost of Ending Inventory$-$FIFO $

Cost of Ending Inventory$-$LIFO $