Please help with the following problem.

Required information [The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for Tshirts for 2018, its first year of operations: Jan. 20 Purchased 370 units @ $12 $4,440 Apr. 21 Purchased 140 units '3 $13 1,820 July 25 Purchased 220 units @ $15 3,300 gpt. Purchased 100 units Q $16 1,600 ' During the year, The Shirt Shop sold 690 Tshirts for $21 each. Required a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost ow assumptions: [1] FIFO, (2] LIFO. and (3) weighted average. Round intermediate calculations to 2 decimal places and nal answers to the nearest whole dollar amount. Ending invento Required information {The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for Tshirts for 2018, its first year of operations: Jan. 20 Purchased 3?0 units $12 $4,440 Apr. 21 Purchased 140 units $13 1,820 July 25 Purchased 220 units $15 3,300 gpt. Purchased 100 units $ 16 1 , 600 [ During the year, The Shirt Shop sold 690 Tshirts for $21 each. b. Compute the difference in gross margin between the FIFO and LIFO cost ow assumptions