QRS Corporation has the following financial information for the years ending December 31, 2018 and 2017. The company reports its results using the LIFO inventory valuation method. 2018 2018 2017 Sales $19,429,273 Inventory $2,323,641 $1,987.257 Cost of goods sold 17.915.735 LIFO reserve 607,200 763,200 Gross profit $ 1,513,538 How would the inventory turnover ratio change if the company used FIFO rather than LIFP? [Note: inventory turnover ratio = Cost of goods sold / average inventory] O a. The inventory turnover ratio would be 1.02 points higher with FIFO. b. The inventory turnover ratio would be 1.02 points lower with FIFO. O c. The inventory turnover ratio would be 1.95 points higher with FIFO. O d. The inventory turnover ratio would be 1.95 points lower with FIFO