During 201, the firm produced 44,700 units with the following costs: Sales for the year were 47,690 units at $40.60 each. Sprint Shoes uses LIFO accounting. a. What was the gross profit? Note: Do not round intermediate calculations. b. What was the value of ending inventory? Note: Do not round intermediate calculations. During 201, the firm produced 44,700 units with the following costs: Sales for the year were 47,690 units at $40.60 each. Sprint Shoes uses LIFO accounting. a. What was the gross profit? Note: Do not round intermediate calculations. b. What was the value of ending inventory? Note: Do not round intermediate calculations