Comparing inventory methodsassume that a firm separately determined inventory under fifo and lifo and then compared the results. in each dropdown below, select the correct sign [less than (< ) greater than (> ), or equal(=)] for each comparison , assuming periods of rising prices.1. fifo inventory lifo inventory.2. fifo cost of goods sold lifo cost of goods sold.3. fifo net income lifo net income.4. fifo income taxes lifo income taxes.