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ompany had 100 units in beginning inventory at a total cost of $10,000. The cu urchased 200 units at a total cost of $26,000. At the end of the year, Lisa had w SUU? Why? E6-7 Lisa Company had 1 company purchased 20 80 units in ending inventory. Instructions mpute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average-cost. (b) Which cost flow method would result in the highest net income? (c) Which cost flow method would result in inventories approximating current cost in the balance sheet? (d) Which cost flow method would result in Lisa paying the least taxes in the first year