has cos is $75,600. Under U.S. GAAP, the journal entry to record the write-down to LCM ill: O A. debit Inventory for $19,400 and credt Cost of Goods Sold for $19,400 O B. debit Cost of Goods Sold for $19,400 and credit Inventory for $19,400 O c. dett Cost of Goods Sold for $19,400 and oedit Purchases for $19.400. O D. debit Purchases for $19,400 and credit Cost of Goods Sold for $19,400