The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations:

Jan. 20	Purchased	590	units	@	$	8	=	$	4,720
Apr. 21	Purchased	390	units	@	$	10	=		3,900
July 25	Purchased	470	units	@	$	13	=		6,110
Sept. 19	Purchased	280	units	@	$	15	=		4,200

During the year, The Shirt Shop sold 1,380 T-shirts for $24 each.

Exercise 5-5A Part a

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.)