Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 150 units-50 from each of the last three purchases Jan. Beginning inventory Mar 7 Purchase 96 units @ $2.00 =$. 192 220 units $2.25495 544 units $2.501,360 480 units @ $.2. 80 1,344 464 uly 28 Purchase Oct. 3 Purchase 160 units 1,500 units Dec. 19 Purchase $2.90 Totals $3,855 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 2 decimal places.) Ending Inventory ost Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO Which method yields the highest net income? Weighted average OSpecific identification FIFO O LIFO