Blossom Company uses the periodic inventory method and had the following inventory information available: Units Unit Cost Total Cost 1/1 Beginning Inventory 80 54 $320 1/20 Purchase 320 %5 1,600 7/25 Purchase 160 %6 2460 10/20 Purchase 240 $7 1,680 800 $4,560 A physical count of inventory on December 31 revealed that there were 380 units on hand. Answer the following independent questions. (Round average per unit cost to 2 decimal places, e.g. 15.25 and other answers to O decimal places, e.g. 1,525.) 12 value of the ending inventory at December 31 is $ 2590 sthod. The value of the ending inventory on December 31 is $ 2166 12 value of the ending inventory on December 31is $ I:l hat the company would have reported if it had used the FIFO method instead of the LIFO method. 3 I:l Prepare a classified balance sheet at December 31, 2022. (List Current Assets in order of liquidity.) SHEFFIELD COMPANY Balance Sheet December 31, 2022 Assets Current Assets Cash $ Accounts Receivable Supplies Total Liabilities and Owner's Equity Total Current Assets Equipment Less Accumulated Depreciation-Equipment Total Assets Liabilities and Owner's EquityLiabilities and Owner's Equity | Current Liabilities v Accounts Payable Notes Payvable Total Liabilities Owner's Equity v re Total Liabilities and Owner's Equity v s ] 1