4. Schneiders Bicycles produced $860,000 worth of custom-made of custom-made bicycles last year and paid $45,000 in taxes. Schneider used $315,000 in parts to assemble the bicycles and paid his employees a total of $150,000. At the beginning of last year, he started with $2,000 worth of inventory and ended the year with $5,000 worth of inventory. What was Schneiders Bicycles contribution to the GDP last year? Show your calculations