Mower-Blower Sales Co. started business on January 20, 2019. Products sold were snow blowers and lawn mowers. Each product sold for $350. Purchases during 2019 were as follows: Mowers Blowers 23@ $ 191 43@ 196 26@186 20 183 January 21 February February 28 March 13 April 6 May 22 June 3 June 20 August 15 September 20 November 7 17@$218 41 211 43 224 52@ 228 18 @ 211 17 218 19@191 The December 31, 2019, inventory included 9 blowers and 29 mowers. Assume the company uses a periodic inventory system. Required: 0-1. Compute ending inventory valuation at December 31, 2019, under the FIFO and LIFO cost flow assumptions FIFO LIFO Blowers Mowers Required: 0-1. Compute ending inventory valuation at December 31, 2019, under the FIFO and LIFO cost flow assumptions. FIFO LIFO Blowers Mowers a-2. Is there any difference in valuation under FIFO and LIFO, o Yes O No b. If the cost of mowers had increased to $240 each by December 1, and if management had purchased 30 mowers at that tinile and if it wants to minimize taxes, which cost flow assumption was probably being used by the firm? OLIFO O FIFO