! 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 440 units $9 = Purchased 130 units @ $11 = $ 3,960 1,430 Purchased 240 units $12 2,880 Purchased 70 units @ $13 = 910 September 19 During the year, The Shirt Shop sold 710 T-shirts for $18 each. Required a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. Note: Round intermediate calculations to 2 decimal places and final answers to nearest whole dollar a FIFO LIFO Weighted Average Ending inventory 2,110