A company uses the First In First Out (FIFO) stock evaluation method, what might a possible implication be if they changed the valuation method to Last In First Out (LIFO) in a period of falling prices?

1. The company is being conservative in its accounting and is being more transparent.
2. The company is switching to a different method because of convenience and the value of stock remains unchanged.
3. The company is increasing the value of the stock held, perhaps to get access to higher credit facilities.