The following inventory transactions took place for Sandhill Ltd. for the year ended December 31, 2020: Cost/ Selling Price Date Event Quantity Jan 1 opening inventory 20.200 $45.45 Jan 5 sale 6,140 68.95 Feb 15 purchase 34,100 42.25 Mar 10 purchase 10,440 44.00 May 20 sale 41,600 68.95 purchase Aug 22 14,000 40.85 sale Sep 12 20.500 68.95 46.55 Nov 24 purchase 9.700 Dec 5 sale 14,600 68.95 Aug 22 purchase 14,000 40.85 Sep 12 sale 20.500 68.95 Nov 24 purchase 9,700 46.55 Dec 5 sale 14,600 68.95 Calculate the ending inventory balance for Sandhill Ltd., assuming the company uses a perpetual inventory system and the moving average cost formula. Also calculate the per unit cost of the last item sold. (Round unit costs to 2 decimal places, c.8.52.75 and ending Inventory to o decimal places, c.8. 5,275.) 260680 Ending inventory $ Unit cost of the last item sold $ 46.55 e Textbook and Media ed Sud Amer