Problem 6-06A al-a2 (Part Level Submission) You are provided with the following information for Lily Inc. Lily Inc. uses the periodic method of accounting for its inventory transactions. March 1 Beginning inventory 2,200 liters at a cost of 800 per liter. March 3 Purchased 2,500 liters at a cost of 84t per liter. March 5 Sold 2,300 liters for $1.05 per liter March 10 Purchased 4,000 liters at a cost of 914 per liter. March 20 Purchased 2,500 liters at a cost of 99 per liter. March 30 Sold 5,000 liters for $1.25 per liter. (1) Your answer is partially correct. Try aga Calculate the value of ending inventory that would be reported on the balance short, under each of the following conut flowmobom, (Round answers to 2 decimal places, .g. 125.50.) (1) Specific identification method assuming ( The Marchs sale consisted of 1,000 liters from the March 1 beginning inventory and 1,300 liters from the March 3 purchases and (n.) The March 30 sale consisted of the following romber of units sold from beginningverity and each od 150 from March 1, 550 liters from March 3, 2.900 liters from March 10, 1, 100 liters from March 20 (2) (3) uro Ending inventory Specific identification 3,530 FIFO 3.749 LIFO 1,290 40 PM lenovo HORDS EN Insert PS De Back Lock 8 0 9 5 6 7 o HO Y R T Ener G K L F H J Shit V B NM Alt Ctrl