Question 2 Answer the following questions assuming that inventory costs are increasing over time (i.e., assume a period of inflation). Select your answer by clicking in the drop down box to the right of each question. Answer choices may be used once, more than once, or not at all. Which inventory costing method will show the highest amount of gross profit? FIFO Which inventory costing method will show cost of goods sold at the most current acquisition costs? LIFO Which inventory costing method will show FIFO the highest amount of ending inventory? 3 pts