The following inventory transactions took place for Sheridan Ltd. for the year ended December 31 2020 Date Cost/ Selling Price Event Quantity Jan 1 opening inventory 19.980 $40.25 Jan 5 sale 5.920 7100 Feb 15 purchase 34,600 4225 Mar 10 purchase 10,400 4700 May 20 sale 41700 71.00 Aug 22 purchase 14700 44.90 Sep 12 sale 20.500 7100 Nov 24 purchase 10,000 49.50 Dec5 sale 15.400 71.00 Calculate the ending inventory balance for Sheridan Ltd., assuming the company uses a perpetual inventory system and the moving average cost formula. Also calculate the per-unit cost of the lastite sold. (Round unit costs to 2 decimal places, eg. 52.75 and ending inventory to O decimal places, eg 5.275. Ending inventory $ 304720 Unit cost of the last itensold 23