The following information pertains to the physical inventory of Electronics Unlimited taken at December 31 Per Unit Units on Hand Cost NRY 329 244 310 188 $195 199 189 81 $184 219 173 99 Product Audio equipment Vireless audio receivers Touchscreen MP3 players Audio sixers Audio stands Video equipment: Televisions 5GB video cards Satellite video recorders Car equlient GPS navigators Double-DIN Car Deck with iPod/iPhone Control and Aux Input 464 275 196 249 167 609 294 179 614 169 167 209 154 194 Required: 1. Calculate the LCNRV for the a. Inventory by major group b. inventory applied separately to each product Per Unit LCNRV applied to: Inventory Items Units on Hand Cost NRV Total cost Total NRV Major Group Separately to Each Product 329 $ 244 Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio moters Audio stands Subtotal 195$ $ 199 189 81 184 219 173 99 310 180 $ OS 0 $ 0 Video equipment Televisions 1GB video cards Satellite video recorders Subtotal 464 275 196 249 167 609 294 179 614 5 05 0 169 167 141 Car equipment GPS navigators Double-DIN Car Deck with Pod Phone Control & Aux Input Subtotal 154 209 194 $ 0 $ 0 Total 5 ols 0 05 0 $ 0 2. Prepare the appropriate entry, if any, for 1(a) and 1(b). View transaction list Journal entry worksheet Record the entry to write inventory down to LCNRV(major group). Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal 2. Prepare the appropriate entry, if any, for 1(a) and 1b). View transaction list Journal entry worksheet