Excerpts from the annual report of Biztech is as follows If the first-in, first-out (FIFO) method had been used, inventory would have been approximately US$ 36 million and US$ 35 million higher than reported at year 2020 and year 2019, respectively.

Find:
i. What would ending inventory have been at year 2020 and 2019 had FIFO been used?

ii. What would net income for the year 2020 had FIFO been used?