Silvia Company's 2021 balance sheet reveals that inventories reported on a LIFO basis are $25,000,000. In a footnote, management stated that the LIFO reserve was $3,500,000. How much would Silvia's ending inventory be using FIFO? QUESTION 8 Whitehall, Inc. reports the following information in its annual report: Sales for 2021 totaled $10,000,000. Cost of goods sold under LIFO totaled $6,700,000. Compute Whitehall's cost of goods sold assuming it uses the FIFO method