27 Required information The following information applies to the questions displayed below: Suppose that David adopted the last-in, first-out (LIFO) Inventory-flow method for his business inventory of widgets purchase prices below). 2,100$ 100 #2 oetober39 2,200 150 2,350 n late December, Devid sold widget #2 and next year David expects to purchase three more widgets at the following estimated prices 4 Early sprin $ 2,00 d. Suppose that David intialy adopted the LIFO method, but wants to apply for a change to FIFO next year What would be his 8481 ecjustment for this change, and in what years) would he make the adjustment?