How do I solve for problem E?

445 ) Financial Acctg(Turck)(11)SupEx(inventory).docx Name (prepare on separate paper) (E) LOWER OF COST OR NET REALIZABLE VALUE The unadjusted balance in the General Ledger for Merchandise Inventory for T3 Corp on December 31, 2019 is $367,600. This balance is made up of the following detail: Part No. 110 111 112 113 120 121 122 Total Quantity 600 1,000 500 200 400 1,600 300 Cost per Unit $ 90 60 80 170 205 16 240 Instructions: (1) Use arithmetic and confirm the detail inventory records agree with the General Ledger Balance. i.e., for each part, multiply quantity unit and sum the results for all (2) Assume your expert has provided you with an aggregated approximation of Net Realizable Value(NRV) of $362,000. Adjust the inventory balance by applying "Lower of Cost or Net Realizable Value" analysis to the inventory using the "aggregate approach". Propose the AJE if needed. (3) Unfortunately the auditor rejected your proposal from (2) and has asked you to do the L-C-NRV adjustment on an "item-by-item approach". Your expert then delivered these per unit "net realizable values" for your Merchandise Inventory items: Part No. 110 111 112 113 120 121 122 NRV per Unit $ 100 52 76 180 208 14 235 Use arithmetic and confirm the ending inventory after applying L-C-NRV on the "item-by- item approach" ought to be $352,900. Prepare the AJE