One hundred units of inventory on hand at the end of the year are recorded at their cost of $10 each using LIFO. Current replacement cost is $8.00. How would the Gross profit be affected by the adjusting entry needed under lower-of-cost-or-market? A. Gross profit would not be affected. B. Gross profit would go down by $80. C. Gross profit would go up by $200. D. Gross profit would go down by $200.