2 Check my work M7-5 Matching Financial Statement Effects to Inventory Costing Methods [LO 7-3 4 points Complete the following table by selecting which inventory costing method (FIFO or LIFO) would lead to the effects noted in the rows, for each of the circumstances described in the columns Skipped 1.Declining Costs 2.Rising Costs a. Lowest net income b. Lowest ending inventory eBook Print References