On the day you were born, Uncle Peyton gave your parents a piece of sports memorabilia valued at
$75. If past trends continue, it should appreciate in value 12% per year. If you sell it on your 18th
birthday, what can you expect the sale price to be?

2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2021, balance sheet and the cost of goods sold it would report in its august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)