sunland Company uses a periodic inventory system and the average cost method. At December 31,2025 , the following information has been compiled for its finished goods inventory: After applying LCNRV. Sunland, which uses the cost of goods sold method to record inventory write-downs, will make an entry debiting invintory Loss for 5600 . cediting inventory tor 5600 . crediting Cont of Goods Sold for 51200 . debiting Cost of Goods Sold for $165