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Additional Problem 6 The following inventory transactions took place for Crane Ltd. for the year ended December 31, 2017: Selling Event Quantity Price Jan 1 opening inventory 20,000 $45.00 Jan S sale Feb 15 purchase Mar 10 purchase May 20 sale Aug 22 purchase Sep 12 sale Nov 24 purchase Dec 5 sale 6,000 76.00 35,000 40.50 10,000 49.25 42,000 76.00 14,000 45.25 20,000 76.00 10,000 49.50 16,000 76.00 Calculate the ending inventory balance for Crane 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 0 decimal places, e.g. 5,275.) Ending inventory Unit cost of the last item sold