At the end of the year Randy's Parts Co. had the following items in Inventory Required a. Determine the amount of ending inventory using the lower-of-cost or markere applied to each individual inventory item b. Provide the general journal entry necessary to write down the inventory based on Requirements. Assume that Randy's Parts Co. uses the perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction Journal entry worksheet Record entry for inventory loss We need before credits 01 c. Determine the amount of ending inventory, assuming that the lower-of-cost-or-market rule is applied to the total inventory in aggregate. Ending inventory d. Provide the general journal entry necessary to write down the inventory based on Requirement Assume that Randy's Parts Co uses the perpetua inventory system of no entry is required for a transaction event, select "No journal entry required in the first account field) View transaction lit Journal entry worksheet Record entry for inventory loss