On April 1, a company purchased two units of inventory, A and B. The cost of unit A was $645, 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 $665 while the net realizable value of unit B was $520. The adjustment associated with the lower of cost and net realizable value on April 30 will be: 55 55 55 1. Cost of Goods sold Inventory 2. Inventory Cost of Goods Sold 3. Cont of Goods Sold Inventory 4. Inventory Cost of Goods Sold 55 75 75 75 75 Multiple Choice Option Option 2 Option