Please write down the solution as well

available from the companys imventory records as of December 31,2025 Greg Forda is an accounting clerk in the accounting department of Fiedier Co, and he cannot understand why the market value keeps changing from replacement cost to net realizable value to something that he cannot even figure out. Greg is very confused, and he is the one who records imventory purchases and calculates ending imventory. You are the manager of the department and an accountant: Calculate the lower-ot-cost-or-market using the individual-item approach (Round answers to 2 decimal places, ef 78.73. Show the journal entry he will need to make in order to write down the ending inventory from cost to market. (List el debit entries before credit entries. Credit dccount titles are automaticality indented when amount is entered. De not indent manualiy, If no entry is required, select "No entry" for the account titles and enter 0 for the amounts]