1 ! Required information (The following information applies to the questions displayed below.) Part 1 of 3 The following information pertains to Mason Company for Year 2. 14.28 points Beginning inventory Units purchased 160 units @ $52 446 units @ $78 Ending inventory consisted of 64 units. Mason sold 542 units at $156 each. All purchases and sales were made with cash. Operating expenses amounted to $4,200. eBook Print Required a. Compute the gross margin for Mason Company using the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. (Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount.) References Gross Margin FIFO $ 46,436 LIFO $ 44,772 Weighted average