Four Methods: 1. Specific Identification 2. FIFO 3. LIFO 4. Weighted Average Sales 625 (a) 2.50 / unit $1,562.50 (FIFO) 19. Assuming a FIFO cost flow, the amount of ending inventory reported on the balance sheet would be? GOGS? (LIFO) 20. Assuming a LIFO cost flow, the amount of ending inventory reported on the balance sheet would be? GOGS? (Weighted Average) 21. Assuming a weighted average cost flow, the amount of ending inventory reported on the balance sheet would be? GOGS