Required information Exercise 5-4A (AlgO) Effect of inventory cost flow (FIFO, LIFO, and weighted average) on gross margin LO 5-1 [The following information applies to the questions displayed below] The following information pertains to Mason Company for Year 2 Beginninginventaryunitspurchased169unitse22326unitse$33 Ending inventory consisted of 34 unts. Mason soid 392 units at $66 each All purchases and sales were made with cash Operating expenses amounted to $3,075. Exercise 5-4A (Algo) Part b b. What is the amount of net income using FIFO. L.F, and weighted average? plgnore income tax considerations) (Round cost per: unit to 3 decimal places and other intermediate answers ond final answers to the nearest whole dollar amount)