Problem 6-9A Flint Corporation sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2018: Units Coffee Bean Coffea arabica Coffea robusta Unit Cost 11,000 bags$5.60 3.40 Net Realizable Value $5.55 3.50 4,500 bags Your answer is correct. Calculate Flint's inventory at the lower of cost and net realizable value. (Round answer to the nearest whole dolar, e9-5275) Inventory at the lower of cost and net realizable value 76350 SHOW LIST OF ACCOUNTS Your answer is partially correct. Try again. Prepare any journal entry required to record the LCNRV, assuming that Flint uses a perpetual inventory system. (Round answer to the nearest whole dollar, e.g. 5,275. 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.) Date Account Titles and Explanation Debit Credit Dec. 31 Cost of Goods Sold 450 Inventory 450