On December 1, Nowitsky Corporation purchases inventory at a cost of $34,000. On December 15, the market value of the inventory was $35,000. On December 31, the market value of the inventory declined to $30,000. What should the carrying value of inventory be on Nowitskys books on December 31, assuming the decrease in inventory value is considered permanent?

A - 35,000

b- 30,000

c- 34000

d- 34500