5) The firm had the following ending inventory balance as of April 30, 2022. 5) The firm had the following ending inventory balance as of April 30, 2022. 28 4C) On April 27, 2022, new information made it obvious for the firm that the cost of inventory dropped to a new replacement cost, which was 13.4 per unit. Compare how the new replacement cost would impact the account Losses on Write-down of Inventory on April 27 if the firm applied either LIFO or FIFO. Do not use minus in your answers: LIFO: FIFO