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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 Year 1, its first

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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 Year 1, its first year of operations. January 20 Purchased see units @ $ 7 = $3,5ee April 21 Purchased 3e8 units @ $9 = July 25 Purchased 380 units @ $12 = September 19 Purchased 190 units @ $14 = 2,660 During the year, The Shirt Shop sold 1,110 T-shirts for $23 each. 2,7ee 4,560 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.) Ending Inventory FIFO LIFO Weighted average

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