world digital corp a japanese computer parts producer uses hifo method to wccount for its inventory costs. the firm reported an ending finished goods inventory of 3800 million. The ending inventories under fifo would have been 900 million higher. Assuming us gaap requires fifo for computer industry and income tax rate is 0%, discuss how the cost of goods sold, net income, assets, liability , and owners equity will change (the amount of decrease of increase) if the financial statements are restated to the us gaap