A business with two locations buys different sized delivery vans (small vans - x and large vans - y).
Location A receives five small vans and two large vans for
a total cost of $72,500. Location B receives two small
vans and six large vans for a total cost of $107,000.
What is the cost of each type of van?

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.)