Shelley Ltd starts selling bowling balls in 2021. Although each ball looks the same, the unit cost of manufacture (which is done in batches) has fluctuated during the period. Shelley Ltd adopts a FIFO cost flow assumption and employs a perpetual inventory system. Details of cost are as follows

Date Completed	Number Completed	Unit cost $
2 July 2021	200	75
1 Aug 2021	300	80
24 Dec 2021	150	88
15 Mar 2022	200	90
15 June 2022	200	88
	= 1050

Details of sales are as totals:

Date of sale	Number Completed	Unit cost $
5 July 2021	100	100
10 Aug 2021	230	110
30 Dec 2021	100	105
16 Mar 2022	300	120
25 June 2022	100	130
	= 830

REQURED:

What is the cost of sales for the year ended 30 June 2022?

What is the value of inventory as at 30 June 2022?