Using the data below record the entries for the decline in net realizable value for the Inventory under the following methods and systems: Beginning Inventory at lower of Cost or NRV Purchases at Cost Ending Inventory At Cost Ending Inventory at NRV Sales $ 211,000$ 147,7005 208,000S 184,000 620,000 4.) Record the journal entry using the Loss Method assuming the use of the periodic system. The CREDIT goes to what ACCOUNT