Required information The following information applies to the questions displayed below.] The following information pertains to Mason Company for Year 2. Ending inventory consisted of 56 units. Mason sold 502 units at $132 each. All purchases and sales were made with cash. Opejating expenses amounted to $3,900. b. What is the amount of net income using FIFO, LIFO, and weighted average? (lgnore income tax considerations.) (Round cost per unit to 3 decimal places and other intermediate answers and final answers to the nearest whole dollar amount.) Required information [The following information applies to the questions displayed below] The following information pertains to Mason Company for Year 2. Ending inventory consisted of 56 units. Mason sold 502 units at $132 each. All purchases and sales were made with cash. Operating expenses amounted to $3,900. c. Compute the amount of ending inventory using (1) FIFO, (2) LIFO, and (3) weighted average. (Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount.)