The following information pertains to the physical inventory of Electronics Unlimited taken at December 31: Per Unit Units on Hand Cost NRV 325 240 306 184 $191 195 185 77 $180 215 169 95 Product Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Video equipment: Televisions 5GB video cards Satellite video recorders Car equipment: GPS navigators Double-DIN Car Deck with iPod/iPhone Control and Aux Input 460 271 192 245 163 605 290 175 610 165 163 137 150 205 190 Required: 1. Calculate the LCNRV for the: a. inventory by major group b. inventory, applied separately to each product. Per Unit a. Inventory Items LCNRV applied to: b. Major Separately to Each Group Product Units on Hand Cost NRV Total cost Total NRV 325 en $ 191 $ 180 240 195 215 Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Subtotal 306 185 169 184 77 95 460 245 290 Video equipment: Televisions 1GB video cards Satellite video recorders Subtotal 271 175 163 605 192 610 165 163 137 Car equipment: GPS navigators Double-DIN Car Deck with iPod/iPhone Control & Aux Input Subtotal 150 205 190 Inventory Items Units on Hand Cost NRV Total cost Total NRV Major Group Separately to Each Product 325 $ 180 240 Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Subtotal 191 $ 195 185 215 306 169 184 77 95 460 245 290 Video equipment: Televisions 1GB video cards Satellite video recorders Subtotal 271 163 175 192 605 610 165 163 137 Car equipment: GPS navigators Double-DIN Car Deck with iPod/iPhone Control & Aux Input Subtotal 150 205 190 Totals 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