Use the information below to answer the following question. the following lots of a particular commodity were available for sale during the year: beginning inventory 10 units at $60 first purchase 25 units at $65 second purchase 30 units at $68 third purchase 15 units at $75 the firm uses the periodic system, and there are 25 units of the commodity on hand at the end of the year. what is the amount of inventory at the end of the year rounded to the nearest dollar using the average cost method?

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?