Wise Choice Inc. is changing its business operations. It is considering changing from the moving average method of inventory valuation to the LIFO cash flow assumption. Also different suppliers of raw material are being considered. A new supplier offers to provide raw material at a rate which is $25 per unit cheaper than the existing supplier. What will be impact of these changes on the financial statements of the year of change? Select a Choice Below current question choices OptionA Cheaper raw material costs and adoption of LIFO will result in a lower value of ending inventory. OptionB Adoption of LIFO and cheaper raw material will result in increasing the cost of goods sold. OptionC The value of ending inventory will be inflated as a result of cheaper raw material cost and adoption of LIFO. OptionD Adoption of LIFO and cheaper raw material will result in lowering profit, resulting in less tax liability