Current Attempt in Progress The following inventory transactions took place for Cullumber Ltd. for the year ended December 31, 2020: Cost/ Selling Date Event Quantity Price Jan 1 opening inventory 23,000 $48.00 Jan 5 sale 6,300 73.00 Feb 15 purchase 33,500 41.05 Mar 10 purchase 9,700 48.20 May 20 sale 41,700 73.00 Aug 22 purchase 14,300 46.50 Sep 12 sale 20,300 73.00 Nov 24 purchase 9,700 54.50 Dec 5 sale 16,300 73.00 Calculate the ending inventory balance for Cullumber Ltd., assuming the company uses a perpetual inventory system and the first-in, first-out cost formula. Also calculate the per-unit cost of the last item sold. (Round unit costs to 2 decimal places, e.g. 52.75 and ending inventory to decimal places, e.g. 5,276.) $ Ending inventory Unit cost of the last item sold $