Because of a nationwide recession, Stock Up, Inc.'s merchandise inventory is gathering dust. It is now November 30, 2018, and the $ 365,100 that Stock Up, Inc., paid for its ending inventory is $ 18,500 higher than the current replacement cost. Before any adjustments at the end of the period, Stock Up, Inc.'s Cost of goods sold account has a balance of $ 634,000. Stock Up, Inc., uses the lower of cost or market to value its ending inventory. Journalize any required entries. (Record debits first, then credits. Exclude explanations from any journal entries. If no adjusting entry is needed, select "No entry required" on the first line of the Accounts column and leave all other cells blank.)