Trillium Import has one of the largest selection of imported food products from Europe. Some of the food products are nearing the "best before date" and as such the wholesale price that Trillium charges its distributors will have to be reduced to move the merchandise. Trillium reported the following cost and net realizable value for inventory at December 31 : Prepare the adjusting journal entry for the inventory write-down on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.).