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[The following information applies to the questions displayed below.) The following information pertains to Mason Company for Year 2 Beginning inventory Units purchased 132 units

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[The following information applies to the questions displayed below.) The following information pertains to Mason Company for Year 2 Beginning inventory Units purchased 132 units @ $ 38 390 units @ $57 Ending inventory consisted of 50 units. Mason sold 472 units at $114 each. All purchases and sales were made with cash. Operating expenses amounted to $3,675. 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.) Net Income LIFO Weighted average

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