ABC. Ltd. uses a perpetual inventory system and the weighted average cost method. The following represents complete information on inventory transactions for ABC. Ltd. for the year: January 1: Opening inventory 6000 units at $ 7 per unit June 1: Purchased 8000 units at $ 10 per unit August 1: Sold 9000 units at $ 20 per unit October 1: Purchased 4000 units at $ 6 per unit Calculate ending inventory. Round your answer to the nearest dollar. Your Answer: Answer On January 1, year 1 ABC. Ltd. had a piece of equipment with a cost of $ 130000 and accumulated depreciation of $ 60000. The company uses the straight line method. The equipment has a useful life of 15 years and a residual value of $ 25000. The equipment was sold on July 1, year 1 for $ 40000. Calculate the gain or loss on disposal. If the amount is a gain, enter the answer as a positive amount below (i.e. 20000). If the amount is a loss, enter the answer as negative amount below (i.e. -20000). Round your final answer to the nearest dollar. Your