D Question 21 3 pts Which of the below responses are true when inventory purchase costs are rising in a normal pricing period LIFO will result in higher net income and higher cost of goods sold than FIFO OLIFO will result in higher ending inventory than wil FIFO FIFO will result in higher net income than will Weighted Average Cost O FIFO will result in higher cost of goods sold than will LIFO Question 22 3 pts Beagle, Inc. reports 2019 beginning inventory of $83 million and ending inventory of $87 million. Inventory purchases during 2019 totaled $840 million. What was Beagle's cost of goods sold during 2019? 842 million $840 million O 5836 million O $935 million Question 23 3 pts Which of the following would result in a positive reconciling item when reconciling from the company's cash ledger balance to the reconciled balance? Collection by the bank on a note receivable. O Outstanding deposits mailed by the company that haven't cleared the bank. Bank service fees. An electronic funds transfer (EFT) for a vehicle lease payment