Whispering Compamy began operatiens in 2025 and determined its endine itventoryat cost andat LCNRV at December 31.2025 . and Decembet 31,2026, This infoemation is presented below. (a) Prepgre uhe journai entries required at December 31.2025, asd December 31.2026, assuming inventery is fecerded at LCNFV and a perpetual inventorysystemusing the cost-el-eoods-sold method. flist all debit entries before credit entries. Credit account titles are automaticalfy indented when amount is entered. Do not indent manualiy. If no entryis required, ieleet 'No entry' for the accoont titles and enter 0 for the amounts. Record journal entries in the order presented in the problemt. (b) Preparejoumal entries required at December 31,2025 , and December 31,2026 assuming inwentory is recorded at LCWNRV and a perpetual systern using the loss method. Ilist all debit entries before credit entries. Credit account tittes are automatically indented wher amount is entered. Do not indent meoualiy. If no entry is required, select "No entry" for the account tities and enter 0 for the amounts. Record journal entries in the order presented in the