Carboni Company had the following data available for the current month: Beginning 10 units $55 per unit Inventory Purchase #1 30 units $60 per unit Purchase #2 25 units $65 per unit Assume 40 units were sold during the month. Sales Revenue for the month is $7,000 and operating expenses are $2,200. The income tax rate is 30%. Calculate the amount of Cost of Goods sold and Ending inventory using the following (SHOW WORK) A. FIFO B. LIFO C. Average cost (Round all calculations to two decimal places) D. Which method will result in the highest net income? E. Which method will result in the lowest income taxes? F. Prepare an income statement using the LIFO method