Comparing periodic LIFO and periodic Fifo, which method results in higher amounts of Cost of Goods Sold and Gross Profit in periods of falling prices? Select one: . Cost of Goods Sold FIFO Gross Profit FIFO Ob. Cost of Goods Sold Gross Profit LIFO LIFO . Cost of Goods Sold Gross Profit FIFO LIFO Od Cost of Goods Sold Gross Profit LIFO FIFO