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 80 units- 60 units from the January 6 purchase and 20 units from the January 25 purchase. Jan. 1 Beginning inventory Jan. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase Totals 185 units @ $3.99 360 units @ $3.40 592 units @ $3.30 32 units @ $3.00 1,169 units = $ 721.5e = 1,224.00 = 1,953.60 96.00 $3,995.10 (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.) (a) (b) (c) (d) Specific identification Weighted average FIFO LIFO Ending Inventory S 264 205 * 188 234 Cost of Goods Sold 3,731 $ 3,7938 3,807 3.761 (e) Which method yields the lowest net income