Brief Exercise 6-10 The following information on cost and net realizable value of Indigo Ltd.'s various inventory categories was gathered at December 31: Inventory Categories Desktops Tablets and readers Laptops Tablets and readers Cost NRV $348,500 $327,700 169,900 225,400 222,200 285,900 96,500 93,400 Calculate the lower of cost and net realizable value for each inventory category within Indigo's inventory. Lower of cost and net realizable value SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the entry needed to adjust Indigo's inventory value to the lower of cost or net realizable value at December 31. (Credit accoun amounts.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT