Last year Cramer Sales sold 190 units @ $340 each. Cash selling and administrative expenses were $15,000. The following information is also available:

Beginning inventory 30 units @............................................$150

Feb. 3 Purchase 60 units @....................................................$160

June 2 Purchase 70 units @....................................................$170

Oct. 1 Purchase 40 units @....................................................$180

The company's income tax rate is 30%.

Compute the following:

1. Cost of goods using the FIFO method.

2. Ending inventory using the LIFO method.

3. Gross margin using the weighted-average method.