Required information [The following information applies to the questions displayed below.] During fiscal 2014, Respberry, Incorporation wrote down its RB10 smartphone inventory by approximately $1,701,000,000 because its cost exceeded its net realizable value. Required: 1. Complete the table below, indicating the account, amount, and direction and show the effects for the above adjustment. (Enter any decreases to account balances with a minus sign.) Required information [The following information applies to the questions displayed below.] During fiscal 2014, Respberry, Incorporation wrote down its RB10 smartphone inventory by approximately $1,701,000,000 because its cost exceeded its net realizable value. Prepare the journal entry that the company would have made to record the above adjustment. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the inventory write down of $1,701,000,000 to LCM. Note: Enter debits before credits