Austin Company began business in Chicago on March 15, 20X0. The following are Austin's purchases of inventory. Click the icon to view the inventory data.) On May 25, the company sold 125 units, leaving inventory of 105 units. Austin Company's accountant was preparing a balance sheet for June 1, at which time the replacement cost of the inventory was $13 per unit. March 17 $9 $ 900 April 19 100 units @ 30 units @ 100 units @ $13 11 390 1,600 May 14 $16 = $ 2,890 Total Requirement 1. Suppose Austin Company uses LIFO without applying lower-of-cost-or-market. Compute the June 1 inventory amount. (Leave any unused cells blank. Do not enter a "0" for any zero balances.) Units X Unit cost Total cost Inventory Layer March 17, purchases April 19, purchases X X May 14, purchases X Ending inventory - LIFO Requirement 2. Suppose Austin Company uses lower-of-LIFO-cost-or-market. Compute the June 1 inventory amount The total replacement cost is $ The June 1 inventory amount on the balance sheet shows $| Requirement 3. Suppose Austin Company uses FIFO without applying lower-of-cost-or-market. Compute the June 1 inventory amount. (Leave any unused cells blank. Do not enter a "0" for any zero balances.) Units Unit cost Total cost Inventory Layer March 17, purchases April 19, purchases May 14, purchases X Ending inventory - FIFO Requirement 4. Suppose Austin Company uses lower-of-FIFO-cost-or-market. Compute the June 1 inventory amount. The total replacement cost is $ The June 1 inventory amount on the balance sheet shows $