Xiong Co. uses a periodic inventory system. Its records show the following for the month of May, in which83units were sold.

Units	Unit Cost	Total Cost
May 1	Inventory	38	$10	$380
15	Purchases	32	13	416
24	Purchases	44	14	616
Totals	114	$1,412

Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods.

FIFO	LIFO
The ending inventory at May 31	$	$
Cost of goods sold	$	$