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The units of an item available for sale during the year were as follows: Date Line Item Description Units Cost per Unit Amount Jan. 1

The units of an item available for sale during the year were as follows:

DateLine Item DescriptionUnitsCost per UnitAmount
Jan. 1Inventory19 unitsat $34$646
Aug. 13Purchase5 unitsat $37185
Nov. 30Purchase6 unitsat $38228
Available for sale30 units$1,059

There are 18 units of the item in the physical inventory at December 31. The periodic inventory system is used. 

Determine the inventory cost using the

 (a) first-in, first-out (FIFO) method;

 (b) last-in, first-out (LIFO) method; and 

 (c) weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar).

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