urgent please

Requlred Information Problem 6.4A Report inventory using lower of cost and net realizable value (LO6-6) [The following information applies to the questions displayed below.] A local Chevrolet dealership carries the following types of vehicles: Because of recent increases in gasoline prices, the car dealership has noticed a reduced demand for its SUVs, vans, and trucks. Problem 6-4A Part 1 Required: 1. Compute the total cost of the entire inventory. 2. Determine whether each inventory item would be reported at cost or net realizable value (NRV). Enter the amount of either the Unit Cost or Unit NRV in the "Lower of Cost and NRV per unit" column and then multiply this amount by the quantity of each inventory item and enter it in the Total column. Prepare necessary entry to write down inventory from cost to net realizable value. (If no entry ls requlred for a transactlon/event, elect "No Journal Entry Requlred" In the flrst account fleld.) Journal entry worksheet Note: Enter debits before credits