Using the data below record the entries for the decline in net realizable value for the Inventory under the following methods and systems: Beginning Inventory at lower of Cost or NRV Purchases at Cost Ending Inventory At Cost Ending Inventory at NRV Sales $ 211,000$ 147,7005 208,000S 184,000 620,000 2.) Record the journal entry using the Loss Method assuming the use of the periodic system. The debit goes to what ACCOUNT? 3.) Record the journal entry using the Loss Method assuming the use of the periodic system. The debit is for what AMOUNT