2. Fill in the blanks. If costs are rising, then...... a) LIFO COGS is b) LIFO ending inventory is inventory greater or less than) FIFO COGS (greater or less than) FIFO ending (greater or less c) Net Income for a company using LIFO will be than) a company that uses FIFO If COGS is understated: (Fill in with overstated or understated): d) Ending inventory is e) Net Income is f) Ending Retained Earnings are g) Stockholder's Equity is h)Assets are