Zahler Company uses a periodic inventory system and the average cost method. At December $31,2025,$ the following information has been compiled for its finished goods inventory:

Replacement value $$13,000$

Cost $$14,500$

Expected selling price $$15,000$

Normal profit margin $15\%$

Selling costs $5\%$ of expected selling price

After applying LCNRV$,$ Zahler, which uses the cost of goods sold method to record inventory write$-$downs, will make an entry

debiting Cost of Goods Sold for $$250.$

crediting Inventory for $$500.$

crediting Cost of Goods Sold for $$1,500.$

debiting Inventory Loss for $$500.$