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 Ending inventory consisted of 48 units. Mason sold 462 units at $108 each. All purchases and sales were made with cash Operating expenses amounted to $3.600. Exercise 5.4A (Algo) Part b b. What is the amount of net income using FIFO, LIFO, and weighted average? (ignore income tax considerations) (Round cost per unit to 3 decimal places and other intermediate answers and final answers to the nearest whole dollar amount.)