At the end of the year, Randy's Parts Company had the following items in inventory. Unit Market Item Quantity P1 62 Unit Cost $87 Value: $ 89 P2 34 65 75 P3 81 139 127 P4 44 58 66 Required a. Determine the amount of ending inventory using the lower-of-cost-or-market rule applied to each individual inventory item. b. Provide the general journal entry necessary to write down the inventory based on Requirement a. Assume that Randy's Parts Company uses the perpetual Inventory system. c. Determine the amount of ending inventory, assuming that the lower-of cost-or-market rule is applied to the total inventory in aggregate. d. Provide the general journal entry necessary to write down the inventory based on Requirement c. Assume that Randy's Parts Company uses the perpetual inventory system. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the amount of ending inventory using the lower-of-cost-or-market rule applied to each individual inventory item. Ending inventory