For Each Item Below,indicate Whether FIFO or LIFO Will Generally

For each item below,indicate whether FIFO or LIFO will generally result in a higher reported amount when inventory costs are rising versus falling.
$$\begin{array} { l c c c } { \begin{array} { c } \text { Inventory } \\\text { Costs }\end{array} } & \begin{array} { c } \text { Higher } \\\text { total assets }\end{array} & \begin{array} { c } \text { Higher } \\\text { cost of goods sold }\end{array} & \begin{array} { c } \text { Higher } \\\text { net income }\end{array} \\\hline \text { Rising } &\\\text { Falling } &\\\end{array}$$