Schonfeld Corporation began operations on December 1, 2016. The only inventory transaction in 2016 was the purchase of inventory on December 10, 2016, at a cost of $20 per unit. None of this inventory was sold in 2016. Relevant information for fiscal 2017 is as follows:

During 2017, the following purchases and sales were made:

The company uses the periodic inventory method.
Instructions
Determine ending inventory under
(1) Specific identification,
(2) FIFO, and
(3) Weighted average cost.

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Ending inventory units: Dec. 31, 2016 Dec. 31, 2017, by purchase date 100 -Dec. 2, 2017 -July 20, 2017 100 30 130 Purchases Mar. 15 300 units at $24 July 20 300 units at $25 Sept. 40 200 units at $28 Dec. 100 units at $30 Sales Apr. 10 200 Aug. 20 300 Nov. 18 170 Dec. 12 200