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The following inventory transactions took place for Sandhill Corporation for the month of May: Calculate the ending inventory balance for Sandhill Corporation, assuming the company

image text in transcribedimage text in transcribed The following inventory transactions took place for Sandhill Corporation for the month of May: Calculate the ending inventory balance for Sandhill Corporation, assuming the company uses a perpetual inventory system and the first-in, first-out (FIFO) cost formula. (Round the final answer to 0 decimal places, e.g. 5,275) Ending inventory $ Calculate the ending inventory balance for Blossom Corporation, assuming the company uses a periodic inventory system and the weighted average cost formula. (Round average unit costs to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) Ending inventory

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