Tatum Company has four products in its inventory. Information about ending inventory is as follows:

$\backslash$table$[[,,$Total$],[$Product$,$Total cost,Realizable$],[101,$$$150,000,$$$115,$

After answering the first part, please answer the second part of the question which is: record any necessary year ending adjusting entry assuming that inventory write downs are common for Tatum Company, in the general journal. thank you.