PRINTER VERSION Question 6 Bramble Limited stocks a variety of sports equipment for sale to institutions. The following stock record card for basketballs was taken from the records at the December 31, 2020 year end: Invoice Number balance 10624 11437 Units Received 120 Unit Invoice Cost $20 Date Jan. 1 15 Mar. 15 Gross Invoice Amount $2,400 1,400 1,280 Terms Net 30 Net 30 1/5, net 30 1/10, net 30 1/10, net 1/10, net June 20 21332 1,650 Sept. 27644 1,200 Nov. 24 31269 1,012 30 Totals 572 $8,942 A physical inventory on December 31, 2020, reveals that 100 basketballs are in stock. The bookkeeper informs you that all the discounts were taken. Assume that Bramble Limited uses a periodic inventory system and records purchases at their invoice price less discounts. During 2020, the average sales price per basketball was $22.25. en we was are in stock. The bookkeeper informs you that all the discounts were taken. Assume that Bramble Limited uses a periodic inventory system and voice price less discounts. During 2020, the average sales price per basketball was $22.25. Calculate the December 31, 2020 inventory using the FIFO formula. (Round answer to 2 decimal places, e.: 52.75.) Ending inventory $ LINK TO TEXT Calculate the December 31, 2020 inventory using the weighted average cost formula. (Round weighted average cost per unit and the final answer to 2 decimal places, e.g. 52.75.) Ending inventory $ LINK TO TEXT