The chief financial officer for Cast In Stone concrete products had previously established a line of credit with a local bank that enables Cast In Stone to borrow 80% of the company's inventory balance. The company currently has 1,000 units in stock, and is performing "on budget." The budget anticipated that direct labor cost would be $15 per hour, and factory overhead is applied to production based on $7.50 per direct labor hour. Each unit requires 2.5 labor hours and 800 pounds of direct material. The direct material costs $0.10 per pound. Determine the amount of credit available under the borrowing agreement. Solve Problem B21.07 and then answer the following questions. You do not need to include dollar signs in your answers. \begin{tabular}{|l|} \hline Question 1 \\ \hline \\ What is the amount of credit available under \\ the borrowing agreement? \\ \\ \hline \end{tabular} \begin{tabular}{l} \hline Question 2 pts \\ What is the amount of the finished goods \\ inventory? \end{tabular}