Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows:

Units Per unit price Total

Beginning inventory, 1/1/22 200 $5.00 $1,000

Purchase, 1/15/22 100 5.30 530

Purchase, 1/28/22 100 5.50 550

During the month, Dobler sold 140 units for $2,800.

Company management wants to use the method (FIFO or LIFO) that will maximize cash flows. Which method should they use? Briefly discuss why the method you choose will likely maximize cash flows.