A Retailing Firm Changed from LIFO to FIFO in 2014

Multiple Choice

A retailing firm changed from LIFO to FIFO in 2014.Inventory valuations for the two methods appear below:
Purchases in 2013 and 2014 were $60,000 in each year.
-Using the information above,in the comparative 2013 and 2014 income statements,what amounts would be shown for cost of goods sold? 2013 2014

A) $50,000 $58,000
B) $51,000 $55,000
C) $50,000 $55,000
D) $51,000 $58,000