Q18

Please help me solve this asap. have less than 1 hour left. Thanks in advance!

Question 18 Basic inventory data for April 30 are presented below for a business that employs the lower-of-cost-or-market basis of inventory valuation to each category. Inventory Commodity Cost per Unit Market Value per Unit Quantity $ 521 $ 55 What is the amount of reduction in the inventory at April 30 attributable to market decline? O $14 $40 $180 O $220