need help with question 6

Exercise 5-20A (Algo) Effect of inventory cost flow on ending inventory balance and gross margin LO 5 6 The Shirt Shop had the following transactions for T-shirts for Year 1 , its first year of operations: During the year, The Shirt Shop sold 780 T-shirts for $19 each. Required a. Compute the amount of ending inventory The Shin Snop would report on the balance sheet, assuning the foliowing cost tlow assumptions. (1) FFO, (2) LIFO, and (3) weighted average, b. Combute the difference in gross margin between the FiFO and LIFO cost fow assumbtions Complete this question by entering your answers in the tabs betow