Assume that Nexon Corp reports the following initial balance and subsequent purchase of inventory. Assume that 2,300 units are sold during the year. Inventory balance at beginning of year 1200 units @ $60 per unit $72,000 Inventory purchased during the year 1800 units @ $90 per unit $162,000 Cost of goods available for sale during the year 3000 units $234,000 1. What amount is reported for inventory on the year-end balance sheet using the FIFO method? 2. What amount is reported for cost of inventory on the year-end balance sheet using the LIFO method? 3. What amount is reported for inventory on the year-end balance sheet using the average cost method?