Botswana Company used the retail inventory method to account for its inventory.
		Cost	Retail
Beginning inventory		270,000.00	600,000.00
Purchases		3,200,000.00	5,000,000.00
Mark-up			300,000.00
Markdown			200,000.00
Sales			5,600,000.00
Employee discount			120,000
Sales discount			30,000.00
Sales return			80,000.00
The entity used 2 decimal places for the cost ratio.
Under the average cost approach, how much is the estimated cost of ending inventory? Under the FIFO approach, how much is the estimated cost of ending inventory?