Duke Company purchased two identical inventory tem. The item purchased first cost $28.00, and the item purchased second cost $29.00 Ike sold one of the fox $52.00 which of the following statements is true? PLAP Mumple Chesce Ending inventory will be lower if Blake uses the weighted average cost flow method than if the FIFO cost flow method was used Cost of goods sold will be higher if Blake uses the FIFO cost flow method than if weighted average cost flow method was used The dollar amount assigned to ending inventory will be the same no matter which coit Sow method is used Gross margin wi higher if Blake uses LFO than it would be fFFO were used DOLL