Show Attempt History Current Attempt in Progress Sarasota Corporation sells coffee beans, which are sensitive to price fluctuations. The following inventory in this product at December 31, 2021: Coffee Bean Units Unit Cost Net Realizable Value Coffea arabica 13,200 bags $5.60 $5.55 Coffea robusta 5,200 bags 3.40 3.50 (a) e Prepare any journal entry required to record the LCNRV, assuming that Sarasota uses a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 Cost of Goods Sold Inventory eTextbook and Media eTextbook List of Accounts Save for Later Debit Credit 91600 Assistance Used Attempts: 2 of 3 used Submit