Goodee Bakery is considering a change in its inventory valuation method. Goodee Bakery currently uses the FIFO method and is considering a change to the LIFO method. Goodee Bakery started the year on January 1 with inventory at a FIFO cost of $22,000 and a LIFO cost of $21,400. The ending inventory on December 31 is $24,850 at FIFO cost and $21,200 at LIFO cost. The LIFO effect is, A. $4,250 B. $3,650 C. $3,050 D. $600