2. Uptown Creamery has the following inventory changes during the year: Beginning Inventory 50 units valued at $100 each, February purchases 70 units at $110 each, August purchases 30 units at $130 each. Total units used during the year 60. a) Calculate the ending inventory using LIFO and FIFO. b) Calculate the ending inventory using LIFO and FIFO. LIFO: FIFO: c) What method would you recommend to Main Hospital if they wanted to have the highest net income? Explain your reasoning