IUlTaWk uSIg the EIFU inventory method. 7) (4 points) Rally Wheels, Inc. had the following balances and transactions during 2018: Beginning Merchandise Inventory as of January 1, 2018 March 10 June 10 October 30 200 units at $71 Sold 50 units Purchased 800 units at $76 Sold 175 units What would the company's ending merchandise inventory cost and cost of goods sold be on December 31, 2018 if the perpetual inventory system and the last-in, first-out inventory costing method are used? 8) (6 points)The following information is available for Ashley Company for the month ending June 30, 2019 Balance as per the bank statement is $11,240. Balance as per books is $10,200. Check # 506 for $1,200 and check #510 for $900 were not shown on the June 30 bank statement. A deposit in transit of $3,110 had not been received by the bank when the bank statement was generated. A bank debit memo indicated an NSF check for $85 written by Maddie Wolfe to Ashley Company on June 13. A bank credit memo indicated a note collected by the bank of $2,100 and interest revenue of $55 on June 20. The bank statement indicated service charges of $20. Prepare bank reconciliation for Ashley Company for June 30, 2019