Spotter Corporation reported the following for June in its periodic inventory records. Date June 1 Description Units Unit Cost Total Cost Beginning 12 11 Purchase 38 $ 8 9 $ 96 342 24 Purchase 30 Ending 22 20 11 220 24 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. 2. Which of the three methods will lead to reporting the highest net income?