Castle TV, Inc. purchased 1,000 monitors on 5 January at a per-unit cost of $185, and another 1,000 units on 31 January at a per-unit cost of $230. In the period from 1 February through year-end, the company sold 1,800 units of this product. At year-end, 200 units remained in inventory.

Assume that the net realizable value of this monitor at year-end is $220 per unit. Using the FIFO flow assumption and the lower-of-cost-and-net-realizable-value rule, Castle TV should write down the carrying amount of this inventory by:

Select one:

a. $3,000.

b. $0.

c. $2,000.

d. $1,000.