2) (20 pts) A furniture company had 100 tables in stock valued at $100 each. They bought 100 more at $110 each, and subsequently 100 more at $120 each. After that, they sold 150 at $200 each. What is the gross income if inventory is valued using each of the following methods? A) FIFO B) LIFO C) Average value 3) (10 pts) XYZ Company reported cost of goods sold of $900,000, an increase in inventory of $100,000, and an increase in accounts payable of $40,000. Low much cash was paid to suppliers