Spotter Corporation reported the following for June in its periodic inventory records. Description Units Unit Cost Total Cost Date June 1 Beginning 11 Purchase 24 Purchase 30 Ending 18 54 28 32 $ 9.60 10.60 12.60 $172.80 572.40 352.80 Required: 1. Calculate the cost of ending inventory and the cost of goods sold under the (a) FIFO, (b) LIFO, and (c) weighted average cost methods. (Do not round your intermediate calculations. Round "Weighted Average Cost" to 2 decimal places.) Cost of Ending Invento Cost of Goods Sold FIFO LIFO Weighted Average Cost 2. Which of the three methods will lead to reporting the highest net income? O FIFO LIFO Weighted Average Cost