Bassett Industries began the year with $525$ units of inventory that cost $$44$ each. On March $6,$ the company purchases $915$ units of inventory at a cost of $$50$ each. On June $15,$ the company purchased $1,625$ additional units of inventory at a cost of $$56$ each, and on October $31,$ the company purchased $1,425$ units at a cost of $$60$ each. There were $3000$ units sold during the year. Calculate the following:

Cost of ending inventory using FIFO

Cost of ending inventory using LIFO

Weighted Average Cost Per Unit $($rounded to three decimals$)$

Cost of ending inventory using Average Cost

Cost of goods sold using Average Cost

Cost of goods sold using LIFO

Cost of goods sold using FIFO

Which method results in the highest value of assets?

Which method results in the lowest income tax bill?

Which methods results in the highest net income?