which option is correct?

The Alfalfa Company purchased 1,000 units of inventory on October 1, 2019 for $10 per unit. On December 31, 2019 they have 200 units remaining. In addition, they discover that the current replacement cost of the inventory is now only $ 8 per unit. The correct inventory valuation on the Company's December 31, 2019 balance sheet should be O $ 8,000 O $2,000 O $ 1,600 $ 10,000