a) A physical inventory on March 31, 2025, shows 3,000 units on hand. Instructions Prepare schedules to compute the ending inventory at March 31, 2025, under each of the following inventory methods assuming a periodic inventory system. (a) FIFO (b) LIFO (c) Weighted-average Show supporting computations in good form. 2) (10 Points) Telis Company sells TVs. The perpetual inventory was stated as $38,500 on the books at December 31, 2025. At the close of the year, a new approach for compiling inventory was used and a satisfactory cut-off for the preparation of financial statements was not made. Some events that occurred are as follows. 1. TVs shipped to a customer on January 2, 2026, costing $5,000 were included in inventory at December 31, 2025. The sale was recorded in 2026. 2. TVs costing $15,000 received December 30,2025 , were recorded as received on January 2 . 2026. 3. TVs received during 2025 costing $4,600 were recorded twice in the inventory account. 4. TVs shipped to a customer December 28, 2025, f.o.b. shipping point, which cost $10,000, were not received by the customer until January 2026. The TVs were included in the ending inventory. 5. TVs on hand that cost $6,100 were never recorded on the books. Instructions Page 1 of Compute the correct inventory at December 31, 2025