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

Jan. 20 Purchased 440 units @ $ 8 = $ 3,520

Apr. 21 Purchased 240 units @ $ 10 = 2,400

July 25 Purchased 320 units @ $ 13 = 4,160

Sept. 19 Purchased 130 units @ $ 15 = 1,950

During the year, The Shirt Shop sold 930 T-shirts for $24 each.

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.)