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Exercise 6-16 Pronghorn Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 4 sets at $570 each. On

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Exercise 6-16 Pronghorn Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 4 sets at $570 each. On January 10, Pronghorn purchased 7 units at $730 each. The company sold 3 units on January 8 and 4 units on January 15. your answer is correct. Compute the ending inventory under FIFO. (Round answer to 0 decimal places, e.g. 1,250.) FIFO The ending inventory 2920 LINK TO TEXT x Your answer is incorrect. Try again. Compute the ending inventory under LIFO. (Round answer to 0 decimal places, e.g. 1,250.) LIFO The ending inventory 2280 LINK TO TEXT x Your answer is incorrect. Try again. Compute the ending inventory under moving average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.52 and final answer to o decimal places, e.g. 1,250.) MOVING-AVERAGE COST The ending inventory 1560

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