Problem 5-31 (Algo) Cost flow assumptions-FIFO and LIFO using a periodic system LO 7,8 Mower-Blower Sales Co. started business on January 20, 2019. Products sold were snow blowers and lawn mowers. Each product sold for $350. Purchases during 2019 were as follows: Mowers January 21 February 3 February 28 March 13 April 6 Blowers 22 @ $ 196 41195 29 @ 193 23@ 180 May 22 June 3 June 20 August 15 September 20 November 7 17 @ $209 47 @ 217 45 @ 221 60 @ 228 19 @ 217 17 209 23 @ 196 The December 31, 2019, inventory included 12 blowers and 30 mowers. Assume the company uses a periodic inventory system. Required: a-1. Compute ending inventory valuation at December 31, 2019, under the FIFO and LIFO cost flow assumptions. FIFO LIFO Blowers Mowers