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! Required information [ The following information applies to the questions displayed below. ] The following information pertains to Mason Company for Year 2 .

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Required information
[The following information applies to the questions displayed below.]
The following information pertains to Mason Company for Year 2.
Beginning inventory
120 units @ $32
Units purchased
366 units a $48
Ending inventory consisted of 44 units. Mason sold 442 units at $96 each. All purchases and sales were made with cash. Operating expenses amounted to $3,450.
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.)
\table[[,Net Income],[FIFO,],[LIFO,],[Weighted average,]]
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