Show Attempt History Current Attempt in Progress Floyd Corporation has the following four items in its ending inventory. Net Realizable Item Cost Value (NRV) Jokers $2,000 $2,100 Penguins 5,000 4,950 Riddlers 4,400 4,625 Scarecrows 3,200 3,830 (a) Your Answer Correct Answer (a) Your Answer Correct Answer Your answer is correct. Determine the LCNRV for each item. Item Jokers Penguins Riddlers Scarecrows SA LA LCNRV 2,000 4,950 4,400 3,200 X Your answer is incorrect. (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.) Item Jokers Penguins Write-down 2,000 4,950 Riddlers 4,400 Scarecrows 3,200 (2) Determine the amount of write-down, if any, using a total category LCNRV evaluation. (If no write-down, enter O for the amount.) Total category LCNRV $ 14,550