Sandals Company is preparing the annual financial statements dated December 31. Ending inventory is presently recorded at its total cost of $16,725. Information about its inventory items follows: QuantityUnit Cost When Value Band 20 Acquired (PIFO)at Year-End Adr Flow Blister Buster Coolonite Dudesly $90 30 95 65 $93 23 91 68 85 80 k Required compute the total overall write-down for all items. 2. How will the write-down of inventory to lower of cost or marketet realizable value affect the company's expenses reported for the 3 Compute the amount that should be reported for the inventory on December 31, after the LCM/NRV rule has been applied to year ended December 31? item. r answers Required 1Required 2 Required 3 Compute the LCM/NRV write-down per unit and in total for each item in the table. Also compute the total overall write-down for all items. per item down Air Flow Blister Buster 20 85 80 Total Regalred 2>