Help please!!

please answer completely and type the answer ls clearly! Thank you so much!!!

i need for both Required 1&2 please!

Problem 9-2 (Algo) Lower of cost or net realizable value; by product, category, and total inventory [LO9. 11 Almaden Hardware Store sells two product categorles, tools and paint products. Information pertaining to its 2021 year-end inventory is as follows: DK Net Realmblo Value Per Unit Cont Quantity Inventory by Product Category Tools: moru Sawa Screwdrivers Paint products: 1-gallon can Daint brushes 110 170 270 $4.70 9.70 1.70 $5.20 8.70 2.30 470 110 5.70 3.70 4.70 4.20 rences Required: 1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) individual products, (b) product categories, and (c) total inventory 2. Assuming inventory write-downs are common for Almaden, record any necessary year-end adjustment amount for each of the LCNRV applications in requirement 1 Complete this question by entering your answers in the tabs below, Required 1 Required 2 Determine the carrying value of inventory at year end, assuming the lower of cost or net realisable value (LCNRV) rule is applied to (a) individual products. (b) product categories, and (c) total inventory Low of an Required: 1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) Individual products, (b) product categories, and (c) total inventory 2. Assuming inventory write-downs are common for Almaden, record any necessary year-end adjustment amount for each of the LCNRV applications in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) Individual products, (b) product categories, and (c) total inventory. Lower of cost and NRV es Not Realizable By Individual Value Products By Product Categories By Total Inventory Cost Product Tool Hammars Saw Screwdrivers Total tools Paint products gation cans Paint brushes Total paint Total $ 05 0 5 $ 05 0$ 0 0 5 0$ Required 2 >