Decker Company has five products in its inventory. Information about the December 31, 2021, inventory follows Product A B Unit Cost $ 10 Quantity 1.000 sco 600 200 600 Unit Selling Price $16 13 3 3 12 14 E The cost to sell for each product consists of a 15 percent sales commission Required: 1. Determine the carrying value of inventory at December 31, 2021. assuming the lower of cost or net realizable value (LCNRV) rules applied to individual products 2. Determine the carrying value o inventory at December 31 2021 assuming the KONRV rule is applied to the entire inventory 3. Auming inventory write downs are common for Deckerecord any necessary year and adjusting entry based on the amount calculated inquitment 2 Complete this question by entering your answers in the tabs below. d Determine the convento camera in the Net to this Determine the carrying value of inventory at Dece Assuming inventory write-downs are common for Decker, record any necessary year-end adjusting entry based on th alculated 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 inventory at December 31, 2021, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products. (Do not round intermediate calculations.) Product Units Cost NRV Inventory Value A B 1,000 300 600 200 500 E 5 05 05 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the carrying value of inventory at December 31, 2021, assuming the LCNRV rule is applied to the entire (Do not found intermediate calculations.) Inventory carrying value ournal entry worksheet Record any necessary year-end adjusting entry assuming that inventory write- downs are common for Decker Company, Note: Enter debts before credito Transaction General Journal Debit Credit Record entry Clean Vw general Required 2