For each of the following cases determine the ending balance in the inventory account. (Hint: First, determine the total cost of inventory available for sale. Next, subtract the cost of the inventory sold to arrive at the ending balance.)

a. Jills Dress Shop had a beginning balance in its inventory account of $49,000. During the accounting period, Jills purchased $102,000 of inventory, returned $6,800 of inventory, and obtained $930 of purchases discounts. Jills incurred $1,360 of transportation-in cost and $780 of transportation-out cost. Salaries of sales personnel amounted to $40,000. Administrative expenses amounted to $44,600. Cost of goods sold amounted to $100,300.

b. Kens Bait Shop had a beginning balance in its inventory account of $11,600. During the accounting period, Kens purchased $51,300 of inventory, obtained $1,560 of purchases allowances, and received $540 of purchases discounts. Sales discounts amounted to $820. Kens incurred $1,260 of transportation-in cost and $440 of transportation-out cost. Selling and administrative cost amounted to $14,100. Cost of goods sold amounted to $37,500.

\begin{tabular}{|l|c|c|} \hline & JillsDressShop & KensBaitShop \\ \hline Cost of goods available for sale & & \\ \hline Ending Inventory & & \\ \hline \end{tabular}