please help asap

D Question 7 The main reason why some firms use the LIFO periodic method for valuing inventories is: It increases the end value of inventory relative to FIFO if prices increase over the year It increases the Financial Income relative to FIFO if inventory prices increase over the year It reduces their taxable income relative to FIFO if inventory prices increase over the year It increases the end value of inventory relative to the weighted average method if prices increase over the year