Unit Cost Total Cost Description Units Date June 1 Beginning $10.60 18 $190.80 11 Purchase 522.00 45 11.60 Purchase 24 33 13.60 448.80 30 Ending 37 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 Inventory 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 OLIFO Weighted Average Cost