X co has determined its year-end Inventory on a LIFO cost basis to be $250,000. Information pertaining to that inventory follows: Estimated selling price: $255,000 Estimated cost of disposal: $10,000 Normal profit margin: $30,000 Current replacement cost: $225,000 The Allowance to Reduce Inventory to Market account has an unadjusted balance of $0 at year end. X records losses that result from applying the lower of cost or market rule. The loss that X should recognize at year end is

a.$0

b.$25,000

c.$35,000

d.$5,000