A merchandising company began operations in 2022. The company uses the LIFO inventory method. During 2022, the company made the following purchases: Date Units Unit Cost 20-Jan 1,000 $450 2-May 2,000 $500 18-Aug 3.000 $520 1-Nov 4,000 $550 The company uses a periodic inventory system. Assume the company sold 6,000 units during the year which resulted in $3,000,000 of sales revenue. If the company had used the weighted-average method instead of LIFO, the ending inventory balance for 2022 would have been: O greater than the ending inventory balance under the LIFO method. O less than the ending inventory balance under the LIFO method. O the same as the ending inventory balance under the LIFO method.