please answer the values. thanks

Blue Inc. has provided you with the following information. This company purchases its inventory from a supplier for cash and has only cash sales. Blue uses the average cost formula in a perpetual inventory system. Increased competition has recently reduced the price of the product. Based on your answer to previous question, determine whether the company should record a journal entry at the end of April and, if so, prepare the entry. (List debit entry before credit entry. 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 0 for the amounts. Round answers to 2 decimal places, e.g. 550.25.) On April 30, Blue learns that the product has a net realizable value of $50 per unit. Determine the amount that ending inventory will be valued at on the April statement of financial position. Ending inventory valued at Determine the ending inventory amount for Blue. (Round intermediate calculation to 2 decimal places, e.g. 15. decimal places, e.g. 5,275.25.) Ending inventory