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: Jan. 20 Purchased480 units 9 $4,320 Apr. 21 Purc July 25 Purchased 360 units145,040 Sept. 19 Purchased 170 units $16 2,720 hased 280 units $11 3,080 During the year, The Shirt Shop sold 1,050 T-shirts for $25 each. Required a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. (Round cost per unit to 2 decimal places and final answers to th whole dollar amount.) Ending Inventory FIFO LIFO Weighted average