B Morning Showers Sdn Bhd produces cosmetics and toiletries since ten years ago. The company specializes in manufacturing hot-mix products like creams and lotions to cold-mix products like shampoos and gels. Clay is one of its key raw materials. The company purchases clays from local agents who import the materials from Australia, The opening inventory of clay for the month of November 2017 was 100 kgs. Half of the clays were bought on 15 October 2017 at RM180 per kg and the remaining clays were bought on 30 October 2017 at RM190 per kg. The prices are inclusive of insurance, custom duties and freight charges. The transactions for the month of November 2017 were as follows: Date Details November 2017 2 Issued 40 kgs of clay 6 Purchased 60 kgs of clay at RM195 per kg. 10 Issued 50 kgs of clay 15 Issued 30 kgs of clay 19 Purchased 100 kgs of clays at RM200 per kg 22 10% of clays bought on 19 November 2017 was damaged and was returned to supplier 28 Issued 50 kgs of clay 29 Purchased 50 kgs of clay at RM210 per kg Physical stock taking on 30 November 2017 showed that 120 kgs of clay was still available in the storeroom. Required: Prepare a store ledger card using First in First out (FIFO) method and show the value of closing inventories as at 30 November 2017. (14 marks) No: Date FORMAT STORE LEDGER CARD (1) 31 BC BALANCE Name of Ly PRERASES/B AINT aty PATE AMOUNT GTTY PER HUNT Price MIT only