Assume that a Tesle restant has the following perpetual inventory record for hamur (Cho the icon to the perpetua inventory record) paties Al Apr 30, he courtant for the restaurantermines that the current replacement cost of the ending merchandise vertory is $395. May a g reed to apply the lower of color marie Merchandiserver would be more on Make any autory needed to apply the lower of costom Record debts the c o nsommates For that do not an entry o n the incinthe O Datable Merchandise inventory would be reported on the band the whole on April 307 In this case, Texas Burgers once she would report the inventory as follows Merchandise Inventory on Hand Dale Purchases Goods Sold Print Done