A first-in, first-out (FIFO) has a memory organization that stores information in such a manner that the item that is stored first is the first item that is retrieved. Show how a FIFO memory operates with three counters. A write counter WC holds the address for writing into memory. A read counter RC holds the address for reading from memory. An available storage counter ASC indicates the number of words stored in FIFO. ASC is incremented for every word stored and decremented for every item that is retrieved.