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An inventory loss from market decline of $900,000 occurred in April 2011. CD Company recorded this loss in April 2011, after its March 31, 2011

An inventory loss from market decline of $900,000 occurred in April 2011. CD Company recorded this loss in April 2011, after its March 31, 2011 quarterly report was issued. None of this loss was recovered by the end of the year. How should this loss be reflected in the quarterly income statements of CD Company? March 31June 30 Sept 30 Dec 31

A) 0 00$900,000

B)0$300,000 $300,000 $300,000

C)0 $900,000 00

D) $225,000$225,000$225,000 $225,000

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