Martinez Company determined its ending inventory at cost and at lower of cost and net realizable value at December $31,2021,2022,$ and $2023,$ as follows:

$\backslash$table$[[,$Cost,$\backslash$table$[[$Lower of Cost and$],[$Net Realizable Value$]]],[$Dec$.31,2021,$$$73,000,$$$73,000$

$1)$ to close Beginning inventory

$2)$ to record ending inventory

$3)$ to close beginning inventory

$4)$ to record ending inventory

These $4$ journal entries are required.