Green Leaf Company had the following information available on December 31:

Item	Units			Cost			Total cost			Market value			Total market value
Wheelbarrows		100		$	32.10		$	3,210		$	33.00		$	3,300
Shovels		320			14.00			4,480			12.00			3,840
Gloves		80			8.60			688			9.40			752
Hoses		140			11.00			1,540			10.50			1,470
							$	9,918					$	9,362

Management applies the LCM rule on the basis of the total inventory. What is the write-down required?

Select one:

a. $864.

b. $556.

c. $576.

d. $710.