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

March		1		Beginning inventory 1,945 liters at a cost of 59 per liter.
March		3		Purchased 2,570 liters at a cost of 64 per liter.
March		5		Sold 2,270 liters for $1.14 per liter.
March		10		Purchased 3,855 liters at a cost of 69 per liter.
March		20		Purchased 2,555 liters at a cost of 77 per liter.
March		30		Sold 5,195 liters for $1.27 per liter.

Calculate the value of ending inventory that would be reported on the balance sheet, under each of the following cost flow methods (show work).

(1)	Specific identification method assuming:
	(i)	The March 5 sale consisted of 1,000 liters from the March 1 beginning inventory and 1,270 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: 410 liters from March 1; 520 liters from March 3; 2,845 liters from March 10; and 1,420 liters from March 20.
(2)	FIFO
(3)	LIFO

	ending inv
specific identification
FIFO
LIFO