Current Attempt in Progress Cullumber Information Technology Company has the following cost and net realizable value data at December 31, 2024: Inventory Categories Cost Net Realizable Value Personal computers $24,000 $21.500 Servers 18,800 19,500 Total solution printers 10,000 7.200 (a) Calculate the lower of cost and net realizable value valuation assuming Cullumber Information Technology Company applies LCNRV to individual products. Lower of cost and net realizable value Later Question Part Score Attempts: 0 of 1 used Submit Answer (b) What adjustment should the company record if it uses a perpetual inventory system? (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. List debit entry before credit entry.) Account Titles Debit Credit Attente Ant