At the end of its first year of operations, at December 31, 2020, a retailer compiled inventory records for the accountant to determine the total inventory Balance Sheet valuation under U.S. GAAP using the LCNRV approach. These are costs to sell: The freight out [cost to transport] and cost to dispose relate to sale of inventory. Quantity Unit Sell Price Unit LIFO Cost Unit Disposal Unit Transportation Costs Costs Chair Desk 100 $ 38.00 25 63.00 $ 21.00 45.00 $ 5.00 $10.00 11.00 12.00 Bookshelf 15 92.00 70.00 26.00 15.00 Based on the data, would the company need an Allowance to Reduce Inventory to NRV at December 31, 2020? If it does, how much will be needed in the allowance account at year end? O $0. O $210 O $115 O $410 O none of the above