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The January 28 (fiscal year-end) financial statements of Collette Inc. reported the following information (in thousands) Cost of sales Inventories, net LIFO reserve Year 2

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The January 28 (fiscal year-end) financial statements of Collette Inc. reported the following information (in thousands) Cost of sales Inventories, net LIFO reserve Year 2 Year 1 $1,517,397 51,529,527 585,764 546,745 4345 4,094 if Collette had used the FIFO method of inventory costing, Year 2 COGS would have been Select one a $1,517,146 thousand O b: $1,521,742 thousand C. $1,517,648 thousand d. None of these are correct. le $1,513,052 thousand

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