Required information [The following information applies to the questions displayed below.] A company like Golf USA that selis goif-related inventory typically will have inventory items such as goif clothing and goif equipment. As technology advances the design and performance of the next generation of drivers, the older models become less marketable and therefore decline in value. Suppose that in the current year, Ping (a manufacturer of golf clubs) introduces the MegaDriver Il, the new and improved version of the MegaDriver. Below are year-end amounts related to Golf USA's inventory. 2. Calculate ending inventory using the lower of cost and net realizable value. Journal entry worksheet Record any necessary adjusting entry for inventory. Note: Enter debits before credits