单选题 A company using the LIFO inventory method reports a LIFO reserve at year-end of $85 000, which is $20 000 lower than the prior year. If the company had used FIFO instead of LIFO in that year, the company's financial statements would have reported: A. a lower cost of goods sold, but a higher inventory balance. B. a higher cost of goods sold, but a lower inventory balance. C. both a higher cost of goods sold and a higher inventory balance.