You are provided with the following information for Barton Inc. Barton Inc. uses the periodic methed of accounting for its inventory transactions March 1 Beginning inventory 2,040 iters at a cost of 60c per iter March 3 Purchased 2,445 liters at a cost of 60t per liter March 5 Sold 2,245 liters for $1.02 per liter March 10 Purchased 4,175 liters at a cost of 74c per liter March 20 Purchased 2,590 liters at a cost of 82c per liter March 30 Sold 5,220 liters for $1.27 per liter (a1) Your answer is correct. Colculate 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 identirication method assuming (i) The March S sale consisted of 1,000 liters from the March 1 beginning inventory and 1,245 liters from the March 3 purchase, and (ii) The March 30 sale consisted of the tollowing number of units sold from beginning inventory and each purchase: 490 iters from March 1; 560 liters from March 3; 2,965 liters from March 10; and 1,205 liters from March 20. (2) FIPO (3) LIFO Specific identification FIFO LIFO 2798 3008 2411 Attempts: 2 of 4 used (a2) Your answer is partially correct. Try again. Prepare partial income statements through gross pront, under each of the following cost flow methods, (Round answers to O decimal places, e.g. 1250.) (1) Specific identification method ascuming (i) The March s sale consisted of 1,000 liters from the March 1 beginning inventory and 1,245 liters from the March 3 purchase; and il The March 30 sale consisted of the following number of units sold from beginning inventory and each purchase: 490 iters from March 1560 liters from March 3; 2,965 liters from March 10; and 1,205 liters from March 20 (2) FIFO (3) LIFO Income Statement (partial) For the Year Ended December 31, 2015 t of available for t of Attempts 3 of 4 used