! Required information The following information applies to the questions displayed below) Peterson Furniture Designs is preparing the annual financial statements dated December 31 Ending inventory information about the live major items stocked for regular sale follows: Required: 10. Complete the table column "Write Down per Item" and then sum the final column 1-b. Compute the amount of the total write down when the LCM/NRV rule is applied to each item. Complete this question by entering your answers in the tabs below. Reg 1A Reg 11 Complete the table column "Write Down per Item" and then sum the final column. Unit Cost NRV per Write-down Quantity Total Write FIFO) Item per item on Hand down Aligator Armoires $ 50 $ 52 55 Bear Bureaus 37 37 75 Cougar Credenzas 31 38 25 Dingo Cits 35 35 85 Elephant Dressers 32 26 35 RIB Hint 1-a. Complete the table column "Write-Down per Item" a 1-b. Compute the amount of the total write-down when t Print Complete this question by entering your answers in References Req 1A Req 1B Compute the amount of the total write down when the LCM Total amount of write-down