Decker Company has five products in its inventory. Information about ending inventory follows. Unit Product B Quantity 1,300 1,100 Cost Unit Selling Price $ 25 $ 30 29 900 3 500 900 5 28 32 6 4 27 The cost to sell for each product consists of a 10 percent sales commission. Required: 1. Determine the carrying value of ending inventory, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products. 2. Determine the carrying value of ending inventory, assuming the LCNRV rule is applied to the entire inventory. 3. Assuming inventory write-downs are common for Decker, record any necessary year-end adjusting entry based on the amount calculated in requirement 2. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the carrying value of ending inventory, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products. Note: Do not round intermediate calculations. Product Units Cost NRV Inventory Value A 1,300 B 1,100 900 D 500 E 900 $ 0 $ 0 $