Cullumber Company began operations on January 1, 2017, and uses the FIFO method in costing its raw material inventory Management is contemplating a change to the UFO method and is interested in determining what effect such a change will have on net income. Accordingly, the following information has been developed 2017 2018 Final Inventory FIFO LIFO Net Income (computed under the FIFO method) $620000 546000 1000000 $632000 601000 1360000 Based on the above information, a change to the LIFO method in 2016 would result in net income for 2018 of $1000000 O $1329000. $1350000 $1286000. CITANEWER