Sharon and Tim each opene a savings account on the same day. Sharon started by putting $15 in her account, and she will deposit an additional $7 each week. Tim made an initial deposit of $35, and he will add $3 more each week. Eventually, Sharon and Tim will each have the same amount saved. What is that amount?

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.)