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Required information The following information applies to the questions displayed below/ The Shirt Shop had the following transactions for T-shirts for 2018, its first year

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Required information 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 uly 25 Purchased Sept. 19 Purchased 400 unitsS8-$3,209 280 unitss1e2,00e 280 units133,64899 90 units$15,350 Duing the yeat The Shirt Shop sold 810 T-shirts for $20 each Required a. Compute the amount of ending inventory The Shit Shop would report on the ba assumptions: () FIFO. (2)LIFO, and (3) weighted average (Round intermediat dollar emount) lance sheet, assuming the following cost flow re calculations and final answers to nearest whole FFO LIFO Ending invendory

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