Watauga Compury has an inventory wribe$-$down to record and is deciding whether to wse the lows method or the cont$-$pl$-$goodv$-$sold method. Compared to the cont$-$of$-$goods$-$sold method, the loss method will report

higher gross proft and lower operating income.

lower gross proft and net income.

higher grons profit, but net income will be the same.

lower eros proft, but operating income will be the same.