The following information pertains to Mason Company for Year 2: Beginning inventory Units purchased 150 units a 420 units @ $40 $43 Ending inventory consisted of 100 units. Mason sold 470 units at $86 each. All purchases and sales were made with cash. Oper expenses amounted to $3,300. Required a. Compute the gross margin for Mason Company using the following cost flow assumptions: (1) FIFO (2) LIFO and (3) weighted average b. What is the amount of net income using FIFO, LIFO, and weighted average? (Ignore income tax considerations.) c. Determine the cash flow from operating activities, using each of the three cost flow assumptions listed in Requirement a. Ign effect of income taxes. > Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the gross margin for Mason Company using the following cost flow assumptions: