Use the following information to answer the next two questions: Ultimate Gamer sells video games. The company reported the following amounts (in millions) in its annual financial statements at the end of January: Net Sales Revenue Cost of Goods Sold Beginning Inventory Ending Inventory 2021 2020 $15,900 $15,400 $9,040 $8,640 $2,500 $2,900 $1,800 $2,500 1. Calculate the 2021 Inventory Turnover Ratio. Round your answer to one decimal place. 2. Calculate the 2021 Days to Sell. Round your answer to one decimal place. 3. Bandito Company is evaluating its inventory under the LCM/NRV rule. They compile the following information: Item A B C D Quantity 225 300 700 200 Per Unit Cost NRV per Unit $15 $17 $25 $22 $30 $27 $45 $49 What should be the journal entry to record the appropriate LCM/NRV write-off? Write Down