*Brief Exercise 6-10 The following information on cost and net realizable value of Pronghorn Ltd.'s various inventory categories was gathered at December 31: Cost NRV Inventory Categories Desktops Tablets and readers $349,300 $328,800 169,100 225,500 222,500 285,300 99,400 96,300 Laptops Tablets and readers Calculate the lower of cost and net realizable value for each inventory category within Pronghorn's inventory. Lower of cost and net realizable value $ Prepare the entry needed to adjust Pronghorn's inventory value to the lower of cost or net realizable value at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit