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.)

1. Jills Dress Shop had a beginning balance in its inventory account of $44,500. During the accounting period, Jills purchased $88,500 of inventory, returned $5,900 of inventory, and obtained $840 of purchases discounts. Jills incurred $1,180 of transportation-in cost and $690 of transportation-out cost. Salaries of sales personnel amounted to $35,500. Administrative expenses amounted to $40,100. Cost of goods sold amounted to $91,300.
2. Kens Bait Shop had a beginning balance in its inventory account of $9,800. During the accounting period, Kens purchased $44,100 of inventory, obtained $1,380 of purchases allowances, and received $450 of purchases discounts. Sales discounts amounted to $730. Kens incurred $1,080 of transportation-in cost and $350 of transportation-out cost. Selling and administrative cost amounted to $13,200. Cost of goods sold amounted to $35,700.

Cost of goods available for sale Jill's Dress shop _________? Cost of goods available for sale Ken's Bait shop ______________?

Ending Inventory Jill's Dress shop __________________? Ending Inventory Ken's Bait shop ____________________?