The accountant for Athabasca Ltd, is about to prepare the company's financial statements for its first year end. She would like to know if using FIFO instead of the average cost formula will affect the following accounts at the end of this year- Answer this question by selecting higher, lower, or no effect in the right-hand column to indicate how the balance in the accounts listed below will be affected by the decision to use FIFO instead of average cost. The per-unit cost of imventory was rising throughout the year due to inflation