Current Attempt in Progress Windsor, Inc. values its inventory at the lower-of-LIFO-cost-or-market. The following information is available from the company's inventory records as of December 31, 2020. Unit Cost Item Replacement Cost/Unit $11.23 7.05 Estimated Selling Price/Unit $13.16 8.37 29.66 Completion & Disposal Cost/Unit $2.82 0.24 Normal Profit Margin/Unit $3.20 1.69 X490 $11.75 6.58 Quantity 9,588 4,653 16.920 11.750 8,084 X512 X682 17.48 3.06 8.46 7195 17.86 13.40 11.28 18.61 1.32 13.16 11.99 5.41 1.03 7846 13.11 1.97 Show the journal entries Windsor, Inc. will need to make in order to write down the ending inventory from cost to market. Assume this is Windsor's first year of operations. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.) Debit Credit Account Titles and Explanation Cost of Goods sold Method: Cost of Goods Sold 8342 Inventory 8342 Loss method: Loss Due to Market Decline of Inventory 8342 Inventory 8342