Calculate the value of ending inventory that would be reported on the balance sheet, under each of the following cost flow assumptions. (1) Specific identification method assuming: (i) The March 5 sale consisted of 1,000 liters from the March 1 beginning inventory and 1, 300 liters from the March 3 purchase; and (ii)The March 30 sale consisted of the following number of units sold from beginning inventory and each purchase: 400 liters from March 1; 550 liters from March 3; 2, 800 liters from March 10; 1, 350 liters from March 20. (2) FIFO (3) LIFO Prepare partial income statements through gross profit, under each of the following cost flow assumptions. (1) Specific identification method assuming: (i) The march 5 sale consisted of 1,000 liters form the March 1 beginning inventory and 1, 300 liters form the March 3 purchase; and (ii) The March 30 sale consisted of the following number of units sold from beginning inventory and each purchase; 400 liters from march 1; 550 liters form march 3; 2, 800 liters from March 20; 1, 350 liters from March 20