Dell Computer uses FIFO for inventory costing. Its costs are relatively steady from year-to-year. General Electric (GE), on the other hand, uses LIFO for its U.S. big machinery inventory and FIFO for international segments. Choose one of the questions to discuss: As the accountant for Dell Computers, why would you choose FIFO inventory costing? As the accountant for General Electric (GE), US division, why would you choose LIFO inventory costing? What are the effects on the income statement and balance sheet of each of the inventory cost flow assumptions? What are the tax effects of each method? Your initial posting should be 250-500 words and must be submitted by Thursday, 11:59 MT, of this week. By Sunday at 11:59 MT, respond to two or more of your classmates initial posts in one of the following ways: Build on something interesting or provocative that your classmate wrote. Explain why and how you see things differently. Ask a probing or clarifying question. Share your understanding of your classmates posting in your words. Offer and support an opinion with peer-reviewed sources or industry best practices. Expand on your classmates posting by providing constructive feedback. Keep in mind that youre expected to engage critically and not editorially (this is important to remember when were discussing hot or controversial topics). Work to demonstrate your understanding of the material from this module and, where necessary, include your sources, formatted and cited in accordance with APA style, according to the CSU Global Writing Center (Links to an external site.).