4. heoanuay 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands). Cost of sales Inventories, net LIFO reserve 2016 $1,517,397 585,764 4,345 2015 $1,529,527 546,745 4,094 If Caleres had used the FIFO method of inv entory costing, 2016 inventory would have been: A) $506,852 million B) $590,109 million C) $504,752 million D) $581,419 million