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 390 units-130 from each of the last three purchases. Jan. 1 Beginning inventory Mar. 7 Purchase July 28 Purchase Oct. 3 Purchase Dec. 19 Purchase 230 units @$3.20 =$ 736 500 units$3.751,875 4,218 1,020 units$4.00 4,080 440 units @$4.70 2.068 $ 12,977 1,140 units @$3.70 = Totals 3,330 units Required: Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Round average cost per unit and final answers to 2 decimal places.) Cost of Goods Sold Ending (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO $ 1,833.00 $ 1,336.00 Which method yields the highest net income? O FIFO Weighted average LIFO