Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December 31 , the company reported inventory of $70,000 and Cost of Goods Sold of $420,000. a. Included in Inventory (and Accounts Payable) are $10.000 of lenses SLC is holding on consignment. b. Included in SLC's Inventory balance are $5,000 of office supplies held in SLC's warehouse. c. Excluded from SLC's Inventory balance are $8,000 of lenses in the warehouse, ready to send to customers on January 2 SLC reported these lenses as sold on December 31, at a price of $15.000 d. Ineluded in SLC's inventory balance are $3,000 of lenses that were damaged in December and will be scrapped in January, with zero realizable value. Required: For each item, (a)-(o), prepare the journal entry to correct the balances presently reponed (if no entry is required for a transactlon/event, select "No Journol Entry Required" in the first occount fleld.) Journal entry worksheet 2 5 To record the elimination of consignment inventory, which does not belong to ste. Note Yoter Gruats befure orebti: Journal entry worksheet 5 To record the rectification for recording $5,000 supplies as inventory. Note: Enter debits before credits. Journal entry worksheet To record the elimination of $8,000 cost of goods sold in December for a sale to be made in January. Note: Enter debits before credits. Journal entry worksheet 12 To record the elimination of $15,000 sales transaction recorded in December for a sale to be made in January when goods are shipped FOB destination. Noter Enter debils before credits. Journal entry worksheet 12 To record the write-down of $3,000 inventory damaged in December and will be scrapped in January, with zero realizable value. Note: Enter debits before credits