Additional Problem 6 The following inventory transactions took place for Blossom Ltd. for the year ended December 31, 2017: Cost/ Selling Date Jan 1 opening inventory 20,000 $45.00 Jan 5 sale Feb 15 purchase Mar 10 purchase May 20 sale Aug 22 purchase Sep 12 sale Nov 24 purchase Dec 5 sale Event Quantity Price 6,000 76.00 35,000 40.00 10,000 48.00 42,000 76.00 14,000 43.00 20,000 76.00 10,000 48.00 16,000 76.00 Calculate the ending inventory balance for Blossom Ltd., assuming the company uses a perpetual inventory system and the first-in, first-out cost formula. Also calculate the per-unit cost of the last item sold. (Round unit costs to 2 decimal places, e.g. 52.75 and ending inventory to o decimal places, e.g. 5,275. Ending inventory Unit cost of the last item sold