Required: 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory. 3. Compute the cost of ending inventory and cost of goods sold under (a) FIFO, (b) LIFO, and (c) weighted average cost. 4. Prepare an income statement that shows the FIFO method, LIFO method and weighted average method. 6hich inventory costing method minimizes income taxes? Complete this question by entering your answers in the tabs below. Prepare an income statement that shows the FIFO method, LIFO method and weighted average method