For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.) a. jill’s dress shop had a beginning balance in its inventory account of $52,000. during the accounting period jill’s purchased $111,000 of inventory, returned $7,400 of inventory, and obtained $990 of purchases discounts. jill’s incurred $1,480 of transportation-in cost and $840 of transportation-out cost. salaries of sales personnel amounted to $43,000. administrative expenses amounted to $47,600. cost of goods sold amounted to $106,300. b. ken’s bait shop had a beginning balance in its inventory account of $12,800. during the accounting period ken’s purchased $56,100 of inventory, obtained $1,680 of purchases allowances, and received $600 of purchases discounts. sales discounts amounted to $880. ken’s incurred $1,380 of transportation-in cost and $500 of transportation-out cost. selling and administrative cost amounted to $14,700. cost of goods sold amounted to $38,700.