The accountant at Paige Company is figuring out the difference in income taxes the company will pay depending on the choice of either FIFO or average-cost as an inventory costing method. The tax rate is 30% and the FIFO method will result in income before taxes of $36,400. The average-cost method will result in income before taxes of $32,900. What is the difference in tax that would be paid between the two methods? $3,500$1,500$1,050 Cannot be determined from the information provided