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4. Clear Blue Company buys eyeglasses at $197 a pair from a supplier. At the end of 2018, the company discovers that the supplier's products

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4. Clear Blue Company buys eyeglasses at $197 a pair from a supplier. At the end of 2018, the company discovers that the supplier's products have quality issues and can now be sold at $200 a pair only. Each pair costs Clear Blue Company $8 to sell. Which of the following is true under LCNRV: lo oulev hn a. Clear Blue does not need to write down its inventory until sold. b. Clear Blue needs to write down its inventory by $5. c. Clear Blue needs to write down its inventory by $8. d. Clear Blue needs to write up its inventory by $3. oldigt clow

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