Up-to-Date Election Center began December with 90 units of merchandise inventory that cost $80 each During Decemberthere made the wing purchases RB Click the con low the purchases Uplo Dates the periodic inventory system and the physical count at December indicates that units of merchandise for en hand Read the requirements Requirement. Deforme the ending merchandise ventory and cost of goods amounts for the December financial statements using the FIFO, UFO, and weighted average verlorycoing methods O Weighted average Ending vendory Data Table Cost of goods sold Nequirement Sales revenue for December totaled 528,000 Compute Up-to-Duters profil for Decemberg each FIFO Cost LIFO Cost Weighted average Dec 3 20 12 305 18 45 each 37 each $ 90 each Gross profil income for Up-10-Date? Why? Requirement. Which method w result in the lowest income taxes for Up-to-Date? Why? Which method will result in the highest The UFO method will result in the lowest income taxes because under this method company's gros pris the west Which method will result in the highest income for Up - 10- e? Why? The FIFO method will result in the highest net income because under this method company's gross profits the highest