Answer with the detailed solutions, please.

Additional Problem 8 The following inventory transactions took place for Blossom Ltd. for the year ended December 31, 2017 Selling Event Quantity Price Jan 1 opening invenory 20,000 $45.00 Jan 5 sale Feb 15 purchase Mar 10 purchase May 20 sale Aug 22 purchase Sep 12 sale Nov 24 purchase Dec 5 sale 3,900 76.00 35,000 40.00 10,000 48.00 39,900 76.00 14,000 43.00 17,900 76.00 10,000 48.00 13,900 76.00 Calculate the ending inventory balance for Blossom Ltd., assuming the company uses a periodic inventory system and the weighted average cost formula. Also calculate the per-unit cost of the last item sold. (Round weighted average cost and unit costs of next unit to be sold to 2 decimal places, e.g. 52.75 and ending inventory to 0 decimal places, e.g. 5,275.) Ending inventory Unit cost of the last item sold$