At the end of the year, Randy's Parts Company had the following items in inventory. Item Quantity Unit Cost Unit Market Value P1 67 P2 39 P3 P4 80 43 $ 86 64 132 58 $ 88 74 120 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 Required A Required B >