this is a lot of information, please put this answer in a format that i easily transfer onto this assignment.

Application of Lower of Cost or Market Rule Paylor inc. has the following information for six inventory items, reported using the retal method, on june 30 , The normal profit margin is 30 st of seiling price. Required \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} latem \\ No. \end{tabular}} & \multirow[b]{3}{*}{ Quantity } & \multicolumn{4}{|c|}{ Fer Unit } & \multicolumn{6}{|c|}{ Total } & \multicolumn{6}{|c|}{ Total } \\ \hline & & \multirow[t]{2}{*}{\begin{tabular}{l} Setting \\ Price \\ per \\ Unit \end{tabular}} & \multirow[t]{2}{*}{\begin{tabular}{c} to \\ Sell \\ per \\ Unit \end{tabular}} & \multirow[t]{2}{*}{\begin{tabular}{l} Cost \\ per \\ Unit \end{tabular}} & \begin{tabular}{l} Replacement \\ Cort \end{tabular} & \multicolumn{3}{|c|}{\begin{tabular}{l} Total \\ neplacement \end{tabular}} & \multirow{2}{*}{\multicolumn{2}{|c|}{ celling }} & \multirow[t]{2}{*}{ Floer } & \multirow{2}{*}{\multicolumn{3}{|c|}{ Market }} & \multirow{2}{*}{\multicolumn{2}{|c|}{ Cost }} & \multirow[t]{2}{*}{ Lewer of } \\ \hline & & & & & per Unit & & Cost & & & & & & & & & & \\ \hline=110 & 100 & 124 & 35 & 516 & 518 & 1 & 011 & 1 & o. & 1 & 0 & s & 0 & i. & & 0.5 & C \\ \hline$115 & 160 & 27 & 4 & 34 & 15 & & 0 & & 0 & & 0 & & 0 & & & 0 & c \\ \hline 10125 & & 15 & 6 & 11 & 24 & & 0 & & 0. & & 0 & & 0 & & & 0 & 0 \\ \hline$210 & 120 & 40 & 6 & 29 & 35 & & 0 & & 6) & & & & o & & & 0 & o \\ \hline 1220 & (m) & II & 4 & 10 & 13 & & 0 & & 0 & & 0 & & 0 & & & 0 & b \\ \hline \multirow[t]{2}{*}{ w2s } & 160 & 30 & a & 26 & is & & o & & 0 & & 9 & & 0 & & & 6 & 0 \\ \hline & & & & & & & & & & & & 1 & & 1. & & 01 & 0 \\ \hline \end{tabular} b Pecord the entry to adpust inventory to the lower of cost or market ty adusing inventory through an allowance account and expense through cost of goods sold \begin{tabular}{|c|c|c|c|c|} \hline Bate. & Acceunt & & & G \\ \hline \multirow[t]{3}{*}{ phe io } & & v & 0 & \\ \hline & & & 0 & 0 \\ \hline & & & & \\ \hline \end{tabular}