You are provided with the following information for Barton Inc. Barton Inc. uses the periodic method of accounting for its inventory transactions.

March1Beginning inventory 1,950 liters at a cost of 58 per liter.March3Purchased 2,485 liters at a cost of 62 per liter.March5Sold 2,345 liters for $1.01 per liter.March10Purchased 4,190 liters at a cost of 69 per liter.March20Purchased 2,505 liters at a cost of 76 per liter.March30Sold 5,265 liters for $1.32 per liter.

(a1)

Calculate the value of ending inventory that would be reported on the balance sheet, under each of the following cost flow methods.(Round answers to 0 decimal places, e.g. 1250.)

(1)Specific identification method assuming:(i)The March 5 sale consisted of 1,000 liters from the March 1 beginning inventory and 1,345 liters from the March 3 purchase; and(ii)The March 30 sale consisted of the following number of units sold from beginning inventory and each purchase: 480 liters from March 1; 535 liters from March 3; 2,985 liters from March 10; and 1,265 liters from March 20.(2)FIFO(3)LIFO