Consider the following statements regarding Company A and Company B:

• The two companies have identical operating results but have made different accounting method choices.
• Company B reported lower COGS than Company A this year. Prices rose throughout the year.
• Both companies took a PP&E write downs in 2016. Company B reversed the write down and wrote the assets back up this year.

Which of the two companies most likely reports under US GAAP?

A. A only

B. B only

C. A and B

D. Neither A nor B