A Company Normally Sells Its Product for $40 Per Unit

A company normally sells its product for $40 per unit.However,the selling price has fallen to $30 per unit.This company's current inventory consists of 200 units purchased at $32 per unit.Replacement cost has now fallen to $26 per unit.Calculate the value of this company's inventory at the lower of cost or market.

A) $5,200
B) $6,400
C) $6,000
D) $8,000
E) $7,000