The information shown below relating to the ending inventory was taken at lower of cost or NRV from the records of Electronics Corp.: \begin{tabular}{crrr} & & \multicolumn{2}{c}{ Per Unit } \\ \cline { 2 - 4 } Inventory Classification & Quantity & Cost & NRV \\ Keyboards & & & \\ Stock A & 13 & $101 & $85 \\ Stock B & 18 & 88 & 77 \\ Stock C & 16 & 112 & 126 \\ Hard drives & & & \\ Stock X & 26 & 198 & 184 \\ Stock Y & 42 & 161 & 183 \\ CD burners & & & \\ Stock D & 207 & 129 & 75 \\ Stock E & & & \\ \hline \end{tabular} Required: 1-a. Determine the valuation of the above inventory at cost by individual items. 1-b. Determine the valuation of the above inventory at cost assuming application of lower-of-cost-or-NRV by classifications. \begin{tabular}{|c|r|r|} \hline & \multicolumn{2}{|c|}{ Lower of cost or NRV applied by } \\ \hline & \multicolumn{1}{|c|}{ Items } & Classification \\ \hline Keyboards & & \\ \hline Stock A & $1,105 & \\ \hline Stock B & 1,386 & \\ \hline Stock C & 2,016 & \\ \hline & & \\ \hline Hard drives & & \\ \hline Stock X & 5,148 & \\ \hline Stock Y & 6,762 & \\ \hline & & \\ \hline CD Burners & & \\ \hline Stock D & & \\ \hline Stock E & & \\ \hline & 26,5807 & \\ \hline Lower of cost or NRV & $ & \\ \hline \hline \end{tabular} Journal entry worksheet Record the allowance to reduce inventory to LC/NRV by individual items. Note: Enter debits before credits. Journal entry worksheet Record the allowance to reduce inventory to LC/NRV by class of inventory. Note: Enter debits before credits