Question: please explain how I am able to get answer 12 Required information [The following information applies to the questions displayed below.) Part 3 of 4

 please explain how I am able to get answer 12 Required

information [The following information applies to the questions displayed below.) Part 3

please explain how I am able to get answer

12 Required information [The following information applies to the questions displayed below.) Part 3 of 4 A local Chevrolet dealership carries the following types of vehicles: 5 points Quantity Inventory Items Vans Trucks 2-door sedans 4-door sedans Sports cars SUVs Unit Cost $ 27,000 18,000 13,000 17,000 37,000 30,000 Unit NRV $25,000 17,000 15,000 20,000 40,000 28,000 3 5 1 6 eBook References Because of recent increases in gasoline prices, the car dealership has noticed a reduced demand for its SUVs, vans, and trucks. 3. Prepare necessary entry to write down inventory from cost to net realizable value. (If no entry is required for a transaction/event limfirct account field.) 12 Veluus VIIELETI HILI cuaca yumIC PILCO, MILUL Ucuerpua UuLEU CULCU UHUSU TU I JUva, vuna, un trucks. Part 3 of 4 3. Prepare necessary entry to write down inventory from cost to net realizable value. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list 5 points Journal entry worksheet eBook

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