Inventory Costing Methods -- Periodic System The following information is available concerning the inventory of Carter Inc.: --------------------------------------------------------------- Units Unit Cost Beginning Inventory 200 $10 Purchases: March 5 300 11 June12 400 12 August 23 250 13 October 2 150 15 During the year, Carter sold 1,000 units. It uses a periodic inventory system. Assume an estimated tax rate of 30%. How much more or less (indicate which) will Carter Pay in taxes by using FIFO instead of LIFO? explain your