TB MC Qu$.6-105($Static$)$ Which inventory method is better described..$\mathrm{.}2$pointsWhich inventory method is better described as having an income$-$statement focus and why is it considered as such?$00$:$39$:$33$Multiple ChoiceFilesFIFO; better approximates the value of ending inventoryFIFO; better approximates inventory cost necessary to generate revenueLIFO; better approximates the value of ending inventoryLIFO; better approximates inventory cost necessary to generate revenue