Brief Exercise 9-03 Blue Inc. uses a perpetual inventory system. At January 1, 2020, inventory was $211,730,700 at both cost and realizable value. At December 31, 2020, the Inventory was $282,019,300 at cost and $261,131,400 at realizable value. Prepare the necessary December 31 entry under (a) the cest-of-goods-sold method (b) Loss method. (Credit account titles are automatically indented when amount is entered. Do not indent manualy. If no entry is required, select "No entry for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Credit Debit (a) (b) Onen Cho Mine Metlock Company follows the practice of pricing its Inventory at LCNRV, on an individual-item basis. Cost to Complete and Sell Estimated Selling Price Cost Quantity 1,400 per Unit Item No. $1.76 $4.95 $3.52 1320 1.10 3.74 2.97 1,100 1333 1.54 5.50 1,000 4.95 1426 1.49 3.52 1,200 3.96 1437 1.54 3.58 2.48 900 1510 0.88 4.29 3.30 1522 700 1.32 2.75 1.98 3,200 1573 1.65 6.60 5.17 1,200 1626 From the information above, determine the amount of Metlock Company inventory. The amount of Metlock Company's inventory