3-a. Determine the amount of ending inventory to report using lower of cost and net realizable value.

Please help me with the answer I got wrong (has a red x next to it)

Required information Problem 6-5A Calculate ending inventory and cost of goods sold using FIFO and LIFO and adjust inventory using lower of cost and net realizable value (LO6-3, 6-6) (The following information applies to the questions displayed below.) For the current year, Parker Games has the following inventory transactions related to its traditional board games. Parker Games uses a periodic inventory system. Date Jan. 1 Mar. 12 Sep. 17 Transaction Beginning inventory Purchase Purchase Units 106 83 Unit Cost $20 15 Total Cost $ 2, 120 1, 245 424 $3,789 S Jan. 1-Dec. 31 Sales Because of the increasing popularity of electronic video games, Parker Games continues to see a decline in the demand for board games. Sales prices have decreased by over 50% during the year. At the end of the year, Parker estimates the net realizable value of the 79 units of unsold inventory to be $430. Problem 6-5A Part 3 3-a. Determine the amount of ending inventory to report using lower of cost and net realizable value. Answer is complete but not entirely correct. Lower of Cost and NRV S 384 % FIFO ces Problem 6-5A Part 2 2. Using LIFO, calculate ending inventory and cost of goods sold. Ending inventory Cost of goods sold $ $ 1,580 2,209 Problem 6-5A Part 1 erences Required: 1. Using FIFO, calculate ending inventory and cost of goods sold. Ending inventory Cost of goods sold $ $ 814 2,975 3-b. Record any necessary adjustment under FIFO. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is complete and correct. No General Journal Credit Transaction December 31 Cost of Goods Sold Inventory Debit 384 D O 384