keep in mind that LIFO is not listed as an option, what should i do?

Question 3 Your answer is partially correct. Try again. The management of Muni Corp. is considering the effects of inventory-costing methods on its financial statements and its income tax expense. Assuming that the price the company pays for inventory is increasing, which method will: (a) Provide the higher net income? FIFO (b) Provide the higher ending inventory? FIFO (c) Result in the lower income tax expense? FIFO (d) Result in the more stable earnings over a number of years? Average-cost