Hi can someone help me with these question please ? Thank you so much

Question 2 1 pts On July 15, our company has the following standard clocks in inventory 10 clocks purchased for $30 on May 1 20 clocks purchased for $40 on June 10 On July 15, we sell 5 clocks Using the FIFO Inventory method, we record the correct journal entries in the accounting system What is the new balance in the Merchandise Inventory account? Report in whole dollor amount D Question 3 1 pts It is time to prepare financial statements and we need to make all adjusting entries first We must value our Merchandise Inventory at the lower of cost or market. We can base our valuation on a) inventory as a whole. b) subcategories of inventory products, or individual products. We have two custom products in inventory at this time Product A 10 units, $50 cost per unit. Current Market value - S60 Product B, 8 units, $100 cost per unit. Current Market value - $80 f you calculate the lower of cost or market for the inventory as a whole. what is the dollar amount for Merchandise Inventory you will report on the Balance Sheet? Report In whole dollar amount If