Oregon Resources, which was the FIFO inventory costing method, has the following count balances et March 31 2018, prior to releasing the financements for the year Merchandise Inventory ending 5 14 000 Cost of Goods Sold 73.000 Sales Revenue 117.000 Oregon has determined that the current replacement content market value of the March 31, 2011, ending merchandise inventory is $13.000 Read the is Requirement 1. Prepare any adjusting Journal entry required from the given Wormation Record debts first, the credite Select the portion on the last line of the journal entry. For tions that do not requirement make sure "No entry required in the first in the counter and leave the blank) Date Accounts and Explanation Debil Cred 31 Requirement. What we would Oregon report on the balance sheet March 31, 2010. or marchandise According to the Oregon se should report inventary on the March 31 lehet estimating ending inventory FIFO lower of costat Choose from anymoremputes and then continue to the next