E7-3 Recording Journal Entries to Correct Inventory Misreporting [LO 7-1, LO 7-2, LO 7-4] Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December 31, the company reported Inventor of $84,000 and Cost of Goods Sold of $448,000. a Included in Inventory (and Accounts Payable) are $12,800 of lenses SLC is holding on consignment b Included in SLC's Inventory balance are $6,400 of office supplies held in SLC's warehouse c. Excluded from SLC's Inventory balance are $9.400 of lenses in the warehouse, ready to send to customers on January 2. SLC reported these lenses as sold on December 31, at a price of $17,800 d Included in SLC's Inventory balance are $3,700 of lenses that were damaged in December and will be scrapped in January, with zero realizable value. Required: For each item, (aHdl prepare the journal entry to correct the balances presently reported. (If no entry is required for e transection/event, select "No Journal Entry Required" in the first eccount field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit No Transaction Recorded 1 a No Transacion Recorded b. No Transaction Recorded e-1 No Transacsion Recorded e2 d 5 No Transaction Recorded