On October 31, 2018, the bank statement shows that your company has $13,456.73 in its checking account. You are aware of three outstanding checks that total of $2,862.19. During October, 2018, the bank rejected two deposited checks from customers totaling $ 779.19 because of insufficient funds and charged you $22.00 in service fees. You had not yet received notice about the bad checks, but you were aware of and have recorded the $22.00 of service fees. Prior to adjustment on October 31, 2018, your Cash account would have a balance of: (Round your answer to 2 decimal places.)

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?