Kingbird Corporation has the following four items in its ending inventory. Net Realizable Value (NRV) Item Cost Jokers $2,840 $2,982 Penguins 7,100 7,029 Riddlers 6,248 6,568 Scarecrows 4,544 5,439 Determine the following: (a) the LCNRV for each item, and (b) the amount of write-down, if any, using (1) an item-by-item LCNRV evaluation and (2) a total category LCNRV evaluation