Goldmeyer Company has used the FIFO method of inventory valuation since it began operations in $2021.$ Goldmeyer decided to change to the average cost method for determining inventory costs at the beginning of $2024.$ The following schedule shows year$-$end inventory balances under the FIFO and average cost methods:

$\backslash$table$[[$Year$,$FIF$0,$Average Cost$],[2021,$$$46,900,$$$57,800$