Font Color of List Item

How do you change the Text Color of an Item in a List
— while Hover-Over(ing) the background of an individual List Item - (not the Link)

Example:

Unordered List
→ List Item 1
—> Item Link 1
→ List Item 2
—> Item Link 2
→ List Item 3
—> Item Link 3

Item Link: Initial Color [black], Hover-Over Color [white]
List Item: Initial Background-Color: [white], Hover-Over Background-Color [black]