Please do this ASAP! Thank you I will upvote

Peterson Furniture Designs is preparing its annual financial statements dated December 31 . Ending inventory information about the ive major items stocked for regular sale follows: Required: 1-a. Complete the final two columns of the table: 1-b. Compute the amount that should be reported for the ending inventory using the LC\&NRV rule applied to each item. 2. Prepare the journal entry that Peterson Fumiture Designs would record on December 31 (If no entry is required for a transection/event, select "No journal entry required" in the first occount field.) -. Prepare the journal entry that Peterson Furniture Designs would record on December 31 . (If no entry is required for a ransaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the write-down in inventory. Note: Enter debits before credits: 2. Prepare the journal entry that Peterson Furniture Designs would record on December 31. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) x A Record the write-down in inventory. Note: = journal entry has been entered