I need to respond to this classmate with 100 words. please help

respond to Saul Rivera.

Proponents of LIFO argue that it provides a better match of revenue and expenses because the cost of goods sold includes the costs of the most recent purchases. These are matched with sales that reflect a current selling price. It would not provide a better match when inventory quantity declines during a period. These out-of-date inventory layers will be liquidated, and the cost of goods sold will match non-current costs with current prices. If prices change during a period, then LIFO generally will provide a better match of revenues and expenses. However, LIFO's balance sheet inventory costs are typically out of date because they reflect old purchase transactions. Sales reflect the most recent selling prices, and COGS includes the costs of the most recent purchases. LIFO would not provide a better match if inventory quantities decline drastically during a period. These are two reasons why it would not give a better match to my understanding. I would greatly appreciate the feedback if anyone from class has more input on what I said.