Hughes Corporation has the following inventory-related information at the end of 2016: Item A B Quantity 60 30 45 20 Unit Cost $12 $20 $30 $16 Unit Market $10 $18 $28 $19 D If Hughes Corporation applies the lower-of-cost-or-market rule to each individual item, what is the amount of inventory that Hughes will show on its books after the adjustment, if any? Multiple Choice $2,780 $2,720 O $2,990 Cannot determine from the information provided