Comparing inventory methods Zippy, a regional convenience store chain, maintain milk inventory by the gallon. The first, month's purchase and sales at its Columbus, Ohio, location follow: Determine the amount that would be reported in ending merchandise inventory on November 15 using the FIFO inventory costing method. Determine the amount that would be reported in ending merchandise inventory on November 15 using the LIFO inventory costing method. Determine the amount that would be reported in ending merchandise inventory on November 15 using the weighted-average inventory costing method. Round all amounts to the nearest cent