atch... GoStream 123mov... Live NBA Streaming. Maintenance Conn. Connect - Sign In Check my work The Shirt Shop had the following transactions for T-shirts for 2018, its first year of operations Jan. 20 Purchased Apr. 21 Purchased July 25 Purchased Sept. 19 Purchased 460 units 120 units 220 units 90 units @ @ @ $6 = $ 7 = $ 9 = $10 . $2,760 840 1,980 900 During the year, The Shirt Shop sold 720 T-shirts for $15 each. Exercise 5-20 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 intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount. ces FIFO LIFO Weighted Average Next > Ending inventory 78 of 8 12 saved Help The Shirt Shop had the following transactions for T-shirts for 2018, its first year of operations: 2 of 2 Jan. 20 Apr. 21 July 25 Sept. 19 Purchased Purchased Purchased Purchased 46e units 120 units 22e units 90 units @ @ @ @ $6 $2,760 $ 7 840 $95 1,980 $10. 900 During the year, The Shirt Shop sold 720 T-shirts for $15 each. Book Hint Exercise 5-20 Part b Print b. Compute the difference in gross margin between the FIFO and LIFO cost flow assumptions. verences FIFO LIFO Difference Gross margin