Required information Skip to question [The following information applies to the questions displayed below.] The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations: January 20 Purchased 460 units @ $6 = $ 2,760 April 21 Purchased 120 units @ $7 = 840 July 25 Purchased 220 units @ $9 = 1,980 September 19 Purchased 90 units @ $10 = 900 During the year, The Shirt Shop sold 720 T-shirts for $15 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) LIFO, and (3) weighted average. Note: Round intermediate calculations to 2 decimal places and final answers to nearest