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The January 28 (fiscal year-end) financial statements of Collette Inc. reported the following information (in millions). Year 2 Year 1 Cost of sales $3,034,794 $3,059,054 Inventories, net 1,171,528 1,093,490 LIFO reserve 8,690 8,188 If Collette had used the FIFO method of inventory costing, Year 2 inventory would have been: Select one: a. None of these are correct. b. $1,013,704 million c. $1,180,218 million d. $1,172,030 million e. $1,162,838 million

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