only need the first picture questions answered

Prepare the adjusting journal entry required, if any, to record the lower of cost and net realizable value of the inventory assuming Bramble Furniture Shop uses a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Cost of Goods Sold I Inventory Bramble Furniture Shop Inc. uses the lower of cost and net realizable value basis (LCNRV) for data are available at December 31. Units Cost/Unit Net Realizable Value Tables Large 22 $278 $ 270 Small 17 140 146 Chairs Plastic 42 46 39 Wooden 41 19 29 What amount should be reported on Bramble Furniture Shop's financial statements, value rule is applied to individual inventory items? LCNRV Tables: Large 5,940 Small 2.380 Chairs: Plastic 1.638 Wooden 779 Total 10,737