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18. In 2022, the Delmar Design Agency, Inc. purchased 908,200 units from its supplier at a cost of $128.00 per unit. Delmar Design Agency sold

18. In 2022, the Delmar Design Agency, Inc. purchased 908,200 units from its supplier at a cost of $128.00 per unit. Delmar Design Agency sold 952,400 units of its product in 2022 at a price of $236.00 per unit. Delmar Design Agency began 2022 with 134,600 units in inventory (inventory is carried at a cost of $128.00 per unit). In 2022, operating expenses for Delmar Design Agency, Inc. were $85,498,300, interest expense was $120,300, taxes were $129,400 and dividends paid were $12,300. Using this information, compute Delmar Design Agencys gross profit for 2022 AND compute Delmar Design Agencys 2022 ending inventory balance in dollars (valued at cost per unit of $128.00).

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