7 On April 1. a company purchased two units of inventory A and B The cost of unit A was $660, and the cost of unit B was $585 On April 30. the company had not sold the inventory. The net realizable value of unit A was now $680 while the net realizable value of unit B was 5510 The adjustment associated with the lower of cost and net realizable value on April 30 will be 55 922 55 55 1. Cost of Goods Sold Inventory 2. Inventory Cost of Goods Sold 3. Cost of Goods Sold Inventory 4. Inventory Cost of Goods Sold 55 75 75 75 75