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Sheffield Corporation has the following four items in its ending inventory. (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation. (If

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Sheffield Corporation has the following four items in its ending inventory. (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation. (If no write-down, enter O for the amounts.) (2) Determine the amount of write-down, if any, using a total category LCNRV evaluation, (If no write-down, enter ofor th Total category LCNRV

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