$252Flms.mheducation.com%252Fmghmiddleware%252Fmh Saved Exercise 8-21 (Algo) Supplemental LIFO disclosures; LIFO reserve; AmerisourceBergen [LO8-6] AmerisourceBergen is an American drug wholesale company. The company uses the LIFO inventory method for external reporting but maintains its internal records using FIFO. The following information was included in a recent annual report: Inventories are comprised of the following ($ in millions): Inventories (under FIFO) Less: LIFO reserve Inventories (under LIFO). September September 30, 2017 30, 2016 $14,928 $29,856 (1,755) (1,972) $13,173 $27,884 The company's income statements reported cost of goods sold of $150,598 million for the year ended September 30, 2017 Required: 1. Prepare the September 30, 2017, adjusting entry to record the cost of goods sold adjustment 2. If AmerisourceBergen had used FIFO to report its inventories, what would cost of goods sold have been for the quarter ended September 30, 2017? Complete this question by entering your answers in the tabs below.