Concord Company has been using the LIFO method of inventory valuation for 10 years since it began operations. The company's 2025 ending inventory was $51500, but it would have been $87500 if FIFO had been used. Thus, if FIFO had been used, Concord's income before income taxes would have been O $36000 greater in 2025. O $36000 less over the 10-year period. O $36000 less in 2025. $36000 greater over the 10-year period.