Saved Help Save & Ex Chec 64 P2 P3 P4 64 74 At the end of the year, Randy's Parts Company had the following items in inventory. Iten Quantity Unit Cost Unit Market Value Pi $ 95 $ 97 36 81 138 126 44 60 Required a. Determine the amount of ending inventory using the lower-of-cost-or-market rule applied to each individual invent b. Provide the general journal entry necessary to write down the inventory based on Requirement a. Assume that Rar Parts Company uses the perpetual inventory system c. Determine the amount of ending inventory, assuming that the lower-of-cost-or-market rule is applied to the total in aggregate d. Provide the general journal entry necessary to write down the inventory based on Requirement c. Assume that Ran Parts Company uses the perpetual Inventory system. 68 Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Determine the amount of ending inventory using the lower-of-cost-or-market rule applied to each individual inventory item. Ending inventory Required B Prev 1 of 1 Next Required A Required B Required Required D Provide the general journal entry necessary to write down the inventory based on Requiremer uses the perpetual inventory system. (If no entry is required for a transaction/event, select " account field.) View transaction list Journal entry worksheet