Halicon Ltd$.$ applles the lower of cost or NRV valuation to inventory. The company's inventory at the end of the year is as follows:Inventory ClassificationClass $1$:Halicon basic modelsHalican super modelsClass $2$:Private brand$-$regularPrivate brand$-$deluxePrivate brandsuper deluxeRequired:$1.$ By individual type of item.Quantity Cost$2.$ By class of inventory$\mathrm{.}56$ $ $124361266646180114160236$Per UnitNet RealizableValue$$156164124176$Determine the amount of any adjustment that is required to inventory under each of the following valuation methods: $($Enter allamounts as positive values.$)174$

Required:Determine the amount of any adjustment that is requlred to inventory under each of the following valuation methods: $($Enter allamounts as positive values.$)1$ By individual type of Item$\mathrm{.}2$ By class of inventory.Writedown amountBy individualtype of itemBy class ofinventory