The records of ABC Ltd. contained the following inventory data:

		2023	2023	2024	2024
		Cost	NRV	Cost	NRV
Category 1		$	$	$	$
	Item A	11,200	8,440	7,800	4,480
	Item B	44,000	37,100	17,200	16,020
	Item C	34,000	44,200	46,800	57,050
		89,200	89,740	71,800	77,550
Category 2
	Item D	22,900	19,820	14,300	12,640
	Item E	27,800	6,700	13,400	8,300
	Item F	54,800	54,800	64,400	62,360
		105,500	81,320	92,100	83,300

a) Record the 2023 lower-of-cost-or-NRV adjustments (if any) for each of the two amounts from requirement 1, using the valuation allowance method.

b) Record the 2024 lower-of-cost-or-NRV adjustments (if any) under each of the two lower of cost or NRV methods, using the valuation allowance method.