Current Attempt in Progress In fiscal 2023, Riverbed Realty Corporation purchased unimproved land for $55,600. The land was improved and subdivided into building lots at an additional cost of $35,800. These building lots were all the same size but, because of differences in location, were offered for sale at different prices, as follows: Number of Price per Group Lots Lot 1 8 $3,440 2 18 4,360 3 20 2.510 Operating expenses that were allocated to this project totalled $18,800 for the year. At year end, there were also unsold lots remaining, as follows: Operating expenses that were allocated to this project totalled $18,800 for the year. At year end, there were also unsold lots remaining, as follows: Group 1 5 lots Group 2 6 lots Group 3 3 lots Determine the year-end inventory and net income of Riverbed Realty. Ignore income taxes. (Do not round intermediate calculations. Round final answers to O decimal places, e.g. 5,275.) Year-end inventory $ Net income/(Loss) $