In its December 2016 10-K, LyondellBasell Industries reported the following information ($ millions).

Cost of Goods Sold	Inventories	LIFO Reserve	Increase in LIFO Reserve	Total Assets	Net Income
$22,127	$3,809	$499	$426	$23,442	$3,837

Reformulate the account balance for the following financial statement items assuming the company used FIFO instead of LIFO for its inventory costing method. The company has a 35% tax rate.

Account	Balance
a. Inventories
b. Total assets
c. Cost of goods sold
d. Net income