A Kitchen Supply Company has the following inventory details: ACCT 211 Assignment 3 Section Note: See Excel for the table. You may complete the question on word or excl. a) Calculate the LCNRV for each group. b) Calculate the LCNRV for each individual product. c) Prepare the adjusting entries if any for parts (1) and (2). (Hint: prepare one combined journal entry for each of Part 1 and Part 2, to the general Merchandise Inventory account. No need to separate journal entries for each individual product/group)