Oxendine company's inventory records for the month of November reveal the following Selling and administrative expenses for the month were $10, 800. Depreciation expense was $4,000. Oxendine's tax is 35%. Calculated the cost of goods sold and ending inventory under each of the following three methods assuming a periodic inventory system: FIFO LIFO, and weighted average. In your calculations, round weighted average unit cost to three decimal places and round all other calculations and your final answers to the nearest dollar. FIFO LIFO weighted average Calculate the gross profit and net income under each costing assumption. When required, round your answers to the nearest dollar. FIFO LIFO weighted average