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A firm booked revenue of $2.25 million during 20X6 on unit sales 0f 150. The replacement cost per unit of inventory is currently $9,300. Inventory

A firm booked revenue of $2.25 million during 20X6 on unit sales 0f 150. The replacement cost per unit of inventory is currently $9,300.

Inventory purchases:

Date Quantity Unit Cost
Begin inventory 50 units $7,000
4/1/X6 80 units 7,500
7/1/X6 30 units 8,100
10/1/X6 20 units 8,700

Assuming the FIFO inventory costing method and a perpetual inventory system are used, the firm's gross profit and ending inventory are closest to:

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