Berry Corporation had 50,000 units in beginning inventory at a total cost of $150,000. The company purchased 15,000 units for a total cost of $37,500. At the end of the month, the company had 17,000 units left in ending inventory. Instructions: a) Compute the cost of the ending inventory and the cost of goods old under 1) FIFO, 2) LIFO and 3) Average Cost. b) Which cost flow method would result in the highest net income? c) Which cost flow method would result in inventories approximating current cot in the balance sheet? d) Which cost flow method would result in Berry paying the least taxes in the first year