! Required information [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 April 21 July 25 Purchased 420 units @ $ 8 = Purchased 220 units @ $10 = Purchased 300 units @ $13 = $3,360 2,200 3,900 Purchased 110 units @ $15 = 1,650 September 19 During the year, The Shirt Shop sold 870 T-shirts for $24 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. (Round cost per unit to 2 decimal places and final answers to the nearest whole dollar amount.) FIFO LIFO Weighted average Ending Inventory