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ABC Company employs a periodic inventory system and sells its inventory to customers for $23 per unit. ABC Company had the following inventory information available for the month of May: Mdy 1 May 8 May 13 May 18 May 21 May 28 May 30 Beginning inventory 1,600 units @ $12 cost per unit Sold 1,100 units Purchased 1,700 units e$24 cost per unit Sold 1,000 units Purchased 1,500 units @ $18 cost per unit Sold 800 units Purchased 1,200 units @ $20 cost per unit During May, ABC Company reported operating expenses of $5,000 and had an income tax rate of 36% Calculate the dollar amount of ending inventory shown on ABC Company's May 31 balance sheet using the FIFO method. Calculate the amount of gross profit earned by ABC Company during May using the weighted average method. Calculate the amount of net income reported on ABC Company's income statement for May using the LIFO method