Sahara Co. uses LIFO inventory cost flow assumptions. In a footnote disclosure of year 2014, it states that "at the end of year 2014 and 2013, inventories were $5 million and $10 million, respectively, lower than the amounts that would have been reported using the FIFO cost flow assumption"

Cost of goods sold would have been ----- for 2014 if the company had used FIFO

A) $5M lower

B) $5M higher

C) $15M lower

D) $15M higher