XYZ Company has been using the LIFO method of inventory valuation since it began operations in 2005. Its 2015 ending inventory was $50,000, but it would have been $100,000 if FIFO had been used. Thus, if FIFO had been used, XYZ's income before income taxes would have been

A)$50,000 greater over the 10-year life of the company

B)$50,000 less over the 10-year life of the company

C)$50,000 greater in 2015

D)$50,000 less in 2015

ANSWER IS NOT D