Question 30 2.85714 points Save Answer You are given the following facts. The year 2019 has seen inventory costs increase throughout the year. DLW Inc has a calendar year-end. If DLW Inc. is using the LIFO method to value its inventories, then which of the following statements is NOT CORRECT concerning DLW's December 31, 2019 financial statements? DLW's operating expenses would be the same using the LIFO method than if its inventory was valued using the FIFO method. DLW's Not Income would be lower using the LIFO method than if its inventory was valued using the FIFO method DLW's cost of goods sold would be higher using the LIFO method than if its inventory was valued using the FIFO method. The value of DLW's inventory on its December 31, 2019 balance sheet would be higher using the UFO method than if its inventory was valued using the FIFO method