Spotter Corporation reported the following for June in its periodic Inventory records. 10 points Date Description June 1 Beginning 11 Purchase 24 Purchase 3e Ending Units Unit Cost 16 S 8.4 429.40 11.40 Total Cost $134.40 394. Be 25e.se 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 "Welghted Average Cost" to 2 decimal places.) Cost of Ending Cost of Goods Inventory Sold FIFO FO Weighted Average Cost References 2. Which of the three methods will lead to reporting the highest net income? FIFO UFO Weighted Average Cost