At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $18.00 per unit: Units Amount 550 $1,980 680 Transactions Inventory, January 1 Purchase, January 12 Purchase, January 26 Sale Sale 3,808 130 988 (410) (200) 3. Between FIFO or LIFO, which method would result in the lower income tax expense? Assume a 30 percent average tax rate. (Round your answer to 2 decimal places.) Tax Savings Method