please solve for (b) thanks

Current Attempt in Progress Porter Photography Ltd reports the following cost and net realizable value information for its inventory at December 31: Units Unit Cost Unit NRV Cameras: Fuji 4 $179 145 $167 147 8 Samsung Light Meters: Gossen Sekonic 12 131 135 10 118 113 Your answer is correct. Determine the lower of cost and net realizable value of the ending inventory. LCNRV Cameras: Fuji 668 1160 Samsung Light Meters: Gossen 1572 Sekonic 1130 Total $ 4530 e Textbook and Media List of Accounts (b) Your answer is partially correct. Prepare the adjusting journal entry required, if any, to record the lower of cost and net realizable value of the inventory assuming Porter Photography uses a perpetual inventory system. (List all debit entries before credit entries. 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 for the amounts.) Date Debit Credit Account Titles and Explanation Cost of Goods Sold Dec. 31 113 113 Inventory