Sheffieid Company determined its ending inventory at cost and at lower of cost and net realizable value at Decernber 31, 2021, 2022. and 2023, as follow: (a) Prepare the journal entries required at December 31, 2022 and 2023, assuming that a periodic inventory system and the direct method of adjusting to NRV are used. ICredit account tilies art outsmaticaly indented when the amount is entered, Do not indent manually. If no entry b required, seiect No Entry" for the account tities and enter Ofor the amounts. List all debit entries before credit entries)