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Crane Corporation has the following four items in its ending inwentory. Determine the LCNRV for each item. eTextbook and Media Attempts: 2 of 5 used

image text in transcribed Crane Corporation has the following four items in its ending inwentory. Determine the LCNRV for each item. eTextbook and Media Attempts: 2 of 5 used (b) (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation, (if no write-down, enter O for the amounts.) (2) Determine the amount of write-down, if any, using a total category LCNRV evaluation. (if no write-down, enter O for the omount.)

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