On April 1, a company purchased two units of inventory, A and B. The cost of unit A was $620, and the cost of unit B was $595. On April 30, the company had not sold the inventory. The net realizable value of unit A was now $635 while the net realizable value of unit B was $505. The adjustment associated with the lower of cost and net realizable value on April 30 will be: 1. 75 75 Cost of Goods Sold Inventory Inventory Cost of Goods Sold 2. 75 75 3. Cost of Goods Sold 90 90 4. Inventory Inventory Cost of Goods Sold 90 90 Multiple Choice O Option 3 O O O O Option 4 O O Option 2 O O Option 1