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[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

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[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: During the year, The Shirt Shop sold 730 T.shirts for $18 each. Requited a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost fiow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average Note: Round intermediate calculations to 2 decimal places and final answers to nearest whole doliar amount

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