A company has $5,000$ units of an inventory product at $12/31/$X$1.$

These units have an original cost of $$50$ each, and there has been no adjustment to their cost since they were purchased.

A lower$-$of$-$cost$-$or$-$market $($LCM$)$ analysis shows that their designated market value is $$40$ each.

Question: If the company uses the direct method to apply the year$-$end LCM adjustment, the journal entry for the adjustment should include which of the following?