a and b plz

Put It into Practice Determine and Record Inventory Costs FACTS Gard Company sells basketballs and basketball hoops and is analyzing the following inventory information at year-end 2025 . 1. Gard took a physical inventory of basketballs on December 31 and determined that there were $200,000 worth of basketballs on hand. Not included in the physical count were $25,000 of basketballs purchased from Ryan Corporation, f.o.b, shipping point, and $22,000 of basketballs sold to Moore Inc. for $30,000, f.o.b. destination. Both the Ryan purchase and the Moore sale were in transit at year-end. 2. Gard had the following information for basketball hoops in its general ledger for the year 2025. INSTRUCTIONS a. What amount should Gard report as its December 31 basketball inventory? b. What is Gard's inventoriable cost related to basketball hoops for 2025