37. (2 points) As of 12-31-15, Acme Company has three different inventory items on hand. Data on the three items follows: Item Quantity Unit cost Replacement Normal Expected Estimated on hand (Acme uses LIFO) cost profit selling price disposal costs A 75 $400 $425 $450 $1,500 $100 B 20 $300 $280 $200 $400 $25 C 50 $700 $800 $300 $1,600 $250 Using the lower-of-cost-or-market approach applied on an individual-item basis, determine if Acme needs to make an entry to write her inventory down. If so, prepare the entry Acme should make