You are provided with the following information for Pina Colada Corp. Pina Colada Corp. uses the periodic system of accounting for its inventory transactions. March 1 Beginning inventory 1,905 liters at a cost of 624 per liter. March 3 Purchased 2,420 liters at a cost of 674 per liter. March 5 Sold 2,310 liters for $1.00 per liter. March 10 Purchased 4,025 liters at a cost of 740 per liter. March 20 Purchased 2,545 liters at a cost of 82 per liter. March 30 Sold 5,110 liters for $1.35 per liter. (a1) Calculate the value of ending inventory that would be reported on the balance sheet, under each of the following cost flow assumptions. (Round answers to 2 decimal places, e.g. 125.25.) (1) Specific identification method assuming: (i) The March 5 sale consisted of 1,000 liters from the March 1 beginning inventory and 1,310 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: 435 liters from March 1; 560 liters from March 3; 2,900 liters from March 10; 1,215 liters from March 20. (2) FIFO (3) LIFO Ending Inventory Specific identification FIFO LIFO