At Drcember 31,2022 the inventory of Eagle Corporation consisted of the followinu items 1.) Using the lower-of-cost-or-net realizable value approach applied on an individual-item basis, compute the inventory value to be reportind at December 31,2022. 2.) Prepare the journal entry, in proper format, required by Eogle at 12/31/22 assuming 1 above and that no previous allowance for inventory writedown has been recorded. 3) Using the lower-of-cost-or-market approach applied on an individual-item basis, compute the irventory value to be reported at December 31, 2022. 4) Calculate the ending inventory value had the company used the lower-of-cost-or-net realizable value approach applied to total inventory. At Drcember 31,2022 the inventory of Eagle Corporation consisted of the followinu items 1.) Using the lower-of-cost-or-net realizable value approach applied on an individual-item basis, compute the inventory value to be reportind at December 31,2022. 2.) Prepare the journal entry, in proper format, required by Eogle at 12/31/22 assuming 1 above and that no previous allowance for inventory writedown has been recorded. 3) Using the lower-of-cost-or-market approach applied on an individual-item basis, compute the irventory value to be reported at December 31, 2022. 4) Calculate the ending inventory value had the company used the lower-of-cost-or-net realizable value approach applied to total inventory