Wash the Floor Corporation uses the periodic inventory method and had the following inventory information available: A physical count of inventory on December 31 revealed that there were 950 units on hand. Instructions Answer the following independent questions and show calculations supporting your answers. I. Assume that the company uses FIFO. The value of the ending inventory at December 31 is 2. Assume that the company uses average cost. The value of the ending inventory on December 31 is s