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 5.) A decrease to Cost of Goods Sold does what to stockholder's equity once the books have been closed? 6.) When determining Lower of Cost or Net Realizable Value Cost to sell is generally computed as a percentage of _