Brooks Company carries three Inventory ltems. The following Informatlon pertains to the ending inventory: Unit Cost $12 12 Unit Market Value $11 Item Quantity 25 points 210 235 179 eBook Required a. Determine the ending inventory that Brooks will report on the balance sheet, assuming that it applies the lower-of-cost-or-market rule to individual inventory items. Print References b. Prepare the necessary journal entry, assuming the decline in value was immaterial. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list b. Prepare the necessary journal entry, assuming the decline in value was immaterial. (f no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Vlew transactlon lIst 25 points Journal entry worksheet eBook Print Refererices Record entry for cost of goods sold Note: Enter debits before credits. Event General Journal Debit Credit Record entry Cleer entry View general journal