During the year, The Shirt Shop sold 560 T-shirts for $17 each. Required a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost flow assumptions (1) FIFO, (2) LFF, and (3) weighted average. b. Compute the difference in gross margin between the FiFO and LIFO cost flow assumptions. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute the amount of ending inventory The shirt shop would report on the balance sheet, assuming the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. (Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost flow assumptions: (1) FFO, (2) LFO, and (3) weighted average. b. Compute the difference in gross margin between the FIFO and LIFO cost flow assumptions. Complete this questic by entering your answers in the tabs below. Compute the difference in gross margin between the FIFO and UFO cost flow assumptions