Exercise 6-8 Sheffield Corp. had 120 units in beginning inventory at a total cost of $14,400. The company purchased 240 units at a total cost of $36,000. At the end of the year, Sheffield had 75 units in ending inventory. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round average-cost per unit and final answers to o decimal places, e.g. 1,250.) FIFO LIFO Average-cost The cost of the ending inventory The cost of goods sold LINK TO TEXT Which cost flow method would result in the highest net income? LINK TO TEXT