HEINOWG WHUUR amie's Ille questi uspicyeu veuw The following information pertains to Mason Company for Year 2: Beginning inventory Units purchased 140 units @ $.42 406 units $ 63 Ending inventory consisted of 54 units. Mason sold 492 units at $126 each. All purchases and sales were made with cash. Operating expenses amounted to $3.825. Exercise 5-4A Part a Required a. Compute the gross margin for Mason Company using the following cost flow assumptions: (1) FIFO. (2) LIFO, and (3) weighted average. (Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount.) Gross Margin FIFO LIFO Weighted average b. What is the amount of net income using FIFO, LIFO, and weighted average? (Ignore income tax considerations.) (Round unit to 3 decimal places and other intermediate answers and final answers to the nearest whole dollar amount.) Net Income FIFO LIFO Weighted average c. Compute the amount of ending inventory using (1) FIFO, (2) LIFO, and (3) weighted average (Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount.) Ending Inventory FIFO LIFO Weighted average