3 The following information pertains to Mason Company for Year 2: 10 points Beginning inventory Units purchased 140 units 290 units 540 $45 eBook Hin Print Ending inventory consisted of 60 units. Mason sold 370 units at $90 each. All purchases and sales were made with cash. Operating expenses amounted to $4100. Required a. Compute the gross margin for Mason Company using the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average b. What is the amount of net income using FIFO, LIFO, and weighted average? (Ignore income tax considerations.) c. Determine the cash flow from operating activities, using each of the three cost flow assumptions listed in Requirement a. Ignore the effect of income taxes. References Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the cash flow from operating activities, using each of the three cost flow assumptions listed in Requirement a. Ignore the effect of income taxes. (Enter cash outflows with a minus sign.) Cash flows from operating activities Cash inflow from customers Cash outflow for inventory and expense Net cash flow from operating activities FIFO LIFO Weighted Average