One Hundred Units of Inventory on Hand at the End

One hundred units of inventory on hand at the end of the year are recorded at their cost of $10 each using LIFO.Current replacement cost is $8.00.How would the Cost of goods sold be affected by the adjusting entry needed under lower-of-cost-or-market?

A) Cost of goods sold would not be affected.
B) Cost of goods sold would go down by $80.
C) Cost of goods sold would go up by $200.
D) Cost of goods sold would go down by $200.