Decker Company has five products in its inventory. Information about the December 31, 2018, inventory follows. Unit Unit Selling Product Quantity Cost Price 1,250 $ 23 B 1,0s0 29 5 450 12 28 $30 32 13 850 850 27 The cost to sell for each product consists of a 10 percent sales commission. Required 1. Determine the carrying value of inventory at December 31 applied to individual products. 2a. Determine the carrying value of inventory at December 31, 2018, assuming the L 2b. Assuming the inventory , 2018, assuming the lower of cost or net realizable value (LCNRV) rule is CNRV rule is applied to the entire inventory rite-downs are usual business practice for Decker, record any necessary year-end adjusting entry