Check my Flora's Gifts reported the following current-month data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 96 units -68 units from the January 6 purchase and 28 units from the January 25 purchase. Jan. 1 Beginning inventory Jan. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase Totals 225 units @ $4.80 = $1,080.00 402 units @ $4.40 = 1,768.80 630 units @ $4.10 2,583.00 40 units @ $3.80 152.00 1,297 units $5,583.80 (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Do not round intermediate calculations and round your answers to nearest whole dollar.) Ending Inventory Cost of Goods Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO (e) Which method yields the lowest net income? Specific identification LIFO FIFO Weighted average Flora's Gifts reported the following current-month data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 96 units-68 units from the January 6 purchase and 28 units from the January 25 purchase. Jan. 1 Beginning inventory Jan. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase Totals 225 units @ $4.80 = $1,080.00 402 units @ $4.40 = 1,768.80 630 units @ $4.10 = 2,583.00 40 units @ $3.80 = 152.00 1,297 units $5,583.80 (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Do not round intermediate calculations and round your answers to nearest whole dollar.) Ending Inventory Cost of Goods Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO