Inventory data for Williams Door Products Corporation for the month of October are as follows: Merchandise inventory, October 1 50 units at $140 each October 8 purchase 50 units at $155 each October 15 purchase 55 units at $160 each October 22 purchase 60 units at $170 each October 29 purchase 55 units at $175 eachProblem#2: EFFECT of LIFO/ FIFO on FINANCIAL STATEMENT REPORTING Required: Assuming that prices are falling, indicate the impact of LIFO Vs FIFO on the following (which