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Requirement 1. Determine the amount that would be reported in ending merchandise inventory on May 15 using the FiFO inventory costing methed. Enter the transactions in chrondlogical order, calculating new irventary on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calcolate the quantily and total cost of meichandise inventory purchased, sold, and on hand at the end of the period. (Enter all armeunts to the nearest cent, 5 X X E Enter the oldest inventory layeas first.) More info Requirements 1. Determine the amount that would be reported in ending merchandise inventory on May 15 using the FIFO inventory costing method. 2. Determine the amount that would be reported in ending merchandise inventory on May 15 using the LIFO inventory costing method. 3. Determine the amount that would be reported in ending merchandise inventory on May 15 using the weighted-average inventory costing method