At the beginning of October, Bowser Co.s inventory consists of 65 units with a cost per unit of $35. The following transactions occur during the month of October.

October 4	Purchase 115 units of inventory on account from Waluigi Co. for $50 per unit, terms 2/10, n/30.
October 5	Pay freight charges related to the October 4 purchase, $570.
October 9	Return 20 defective units from the October 4 purchase and receive credit.
October 12	Pay Waluigi Co. in full.
October 15	Sell 145 units of inventory to customers on account, $11,600. [ Hint: The cost of units sold from the October 4 purchase includes $50 unit cost plus $6 per unit for freight less $1 per unit for the purchase discount, or $55 per unit.]
October 19	Receive full payment from customers related to the sale on October 15.
October 20	Purchase 85 units of inventory from Waluigi Co. for $55 per unit, terms 1/10, n/30.
October 22	Sell 85 units of inventory to customers for cash, $6,800.

(Question)

Assuming for preparing financial statements that Bowser Co. reports inventory using LIFO, record the LIFO adjustment.?

(question) Suppose by the end of October that the remaining inventory is estimated to have a market value per unit of $30, record any necessary adjustment for the lower-of-cost-or-market method after the LIFO adjustment.?