10. Determine which action the company should take based on the following information. Inventory Quantity 300 250 400 Unit Cost Price $15 $30 $20 Unit Market Price $18 $26 $19 Product a. Debit COGS and credit inventory for $1,400. b. Debit inventory and credit COGS for $1,400. c. Debit COGS and credit inventory for $500. d. Debit inventory and credit COGS for $500. e. Take no action since the market price is lower than the cost