The Foxborough Company has four different categories of inventory. Quantity, cost, market value for each inventory category is shown below: The company carries inventory at lower-of-cost-or-market applied to each individual category. The implementation of the lower-of-cost-or-market rule would act to: a. increase assets and equity by $79.00. b. reduce assets and equity by $79.00. c. reduce assets and equity by $101.00. d. increase assets and equity by $101.00