Flora's Gifts reported the following current-month data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 100 units-70 units from the January 6 purchase and 30 units from the January 25 purchase. Jan. 1 Beginning inventory Jan. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase Totals 240 units $5.00 $1,200.00 410 units $4.601886.00 640 units $4.30 = 2.752.00 42 units $4.00 = 168.00 1,332 units $6,008.00 Determine the cost assigned to ending inventory and to cost of goods sold for the following: (Round your answer to the nearest whole number.) Ending Inventory Cost of Goods Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO Which method yields the lowest net income? Weighted average Specific identification FIFO LIFO 80 F3 000 000 14 Machook Ar % 4 17 617