You are the financial advisor to the fruit company Tito Inc. Tita Inc. has just completed the first year of operations and Tita has to do the financial statements for this first year of operations. With climate change and rising freight costs, fruit prices have skyrocketed. Tita is determined that she has to use the FIFO inventory method in her financial statements, because since fruits go bad quickly, this method really reflects what is happening in her business. However, Tita is a bit concerned that using FIFO could result in a higher payout on the payroll(taxes). Write a paragraph addressed to Tita where you address Tita's concerns: 1. What inventory method would you recommend to Tita? Why? (LIFO, FIFO, or weighted average) Is Tita correct in saying that she has to use FIFO? ) 2. Is Tita are right in saying that FIFO could result in a higher payout on the payroll(taxes). Why