Need help with the last value. Thank you!

As a result of its annual inventory count, Swifty Corp. determined its ending inventory at cost and at lower of cost and net realizable value at December 31,2022 , and December 31,2023. December 31, 2022, was Swifty's first year end. This information is as follows: Prepare the journal entries required at December 31,2022 and 2023, assuming that the inventory is recorded at cost and an allowance account is adjusted at each year end under a periodic system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) (To record ending inventory at cost) 12/31/23 (To record recovery of write down of inventory to lower NRV)