Question 21 Sheffield Corporation has the following four items in its ending inventory Net Realizable Value (NRV) Item Cost Jokers $3,000 $3,150 Penguins 7,500 7,425 Riddiers 6,600 6,938 Scarecrows 4,800 5,745 Determine the following the LCNRV for each item. Item LCNRV Jokers Penguins Riddlers Scarecrows (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation. (If no write-down, enter 0 for the amounts.) Item Write-down Jokers $ Penguins Riddlers Scarecrows (2) Determine a total category LCNRV evaluation. (If no write-down, enter 0 for the amount.) Total category LCNRV