Question: html 09 In 2018, Hopyard Lumber changed its inventory method from LIFO to FIFO. Inventory at the end of 2017 of $122,000 would have been

html 09 In 2018, Hopyard Lumber changed its inventory method from LIFO to FIFO. Inventory at the end of 2017 of $122,000 would have been $141,000 if FIFO had been used. Inventory at the end of 2018 is $158,000 using the new FIFO method but would have been $149,000 f the company had continued to use LIFO What is the effect of the change on 2018 cost of goods sold? ok

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