Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory. Inventory Ski jackets Skis Unit Unit Quantity Cost NRV 30 35 $130 $105 315 365 Record any necessary adjusting entry for the lower of cost and net realizable value. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Jour ntry worksheet Record any necessary adjusting entry for the lower of cost and net realizable value. Note: Enter debits before credits Transaction 1 General Journal Debit Credit