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Indigo Company began operations on January 1, 2023, and uses the average-cost method of pricing inventory. Management is contemplating a change in inventory methods

Indigo Company began operations on January 1, 2023, and uses the average-cost method of pricing inventory. Management is contemplating a change in inventory methods for 2026. The following information is available for the years 2023-2025. Net Income Computed Using Average-Cost Method FIFO Method LIFO Method 2023 $15,980 $19,140 $12,070 2024 18,090 21,090 14,040 2025 20,130 24,990 16,940 (Ignore all tax effects.)

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