A company's current LIFO inventory consists of 5,000 units purchased at $6 per unit. Replacement cost has now fallen to $5 per unit. What is the entry the company must record to adjust inventory to market? Multiple Choice O Debit Merchandise Inventoryb25,000; credit Cost of Goods Sold $25,000. O Debit Cost of Goods Sold $30,000; credit Merchandise Inventory $30,000. Debit Cost of Goods Sold $5,000; credit Merchandise Inventory $5,000. Debit Merchandise Inventory $25,000; credit Cost of Goods Sold $25,000. Debit Cost of Goods Sold $30,000; credit Merchandise Inventory $30,000. Debit Cost of Goods Sold $5,000; credit Merchandise Inventory $5,000. Debit Loss on Inventory $5,00; credit Cost of Goods Sold $5,000. Debit Merchandise Inventory $30,000; credit Cost of Goods Sold $25,000