Sparks Furniture Company carries three lines of sofas. Information about the sofa inventory as of the end of its most recent fiscal year follows. If LCM is applied to each separate product line, what is the amount of the adjustment that must be made to the company's inventory? Market Value per Product Line Rustic Mediterranean Contemporary Cost per Unit $750 650 1,000 $825 705 700 Quantity 290 400 325 O $43750 O $32,000 O $53,750 O $97,500