mework Saved Help Save & Exit Subm Check my work LO 5-6 [The following information applies to the questions displayed below The Shirt Shop had the following transactions for T- shirts for 2018, its first year of operations: Jan. 20 Purchased Apr. 21 Purchased July 25 Purchased Sept. 19 Purchased 330 units @ $12=$3,960 140 units @ $13= 1,820 250 units $14 3,5p0 9 units @ $16= 1,440 During the year, The Shirt Shop sold 630 T-shirts for $21 each. Exercise 5-20 Part a 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) LIFO, and (3) weighted average. Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount FIFO LIFO Ending inventory