During 2017, Sandhill Furniture Company purchased wicker chairs. The manufacturer sells the chairs to Sandhill for a lump sum of $60,400. Three types of chairs are included in the carload. The three types and the estimated selling price for each are listed below.

Type		No. of Chairs		Estimated Selling Price Each
Lounge chairs		400		$90
Armchairs		300		80
Straight chairs		700		50

During 2017, Sandhill sells 200 lounge chairs, 120 armchairs, and 130 straight chairs. What is the amount of gross profit realized during 2017? What is the amount of inventory of unsold straight chairs on December 31, 2017? Round to 2 decimal places.

Gross profit realized during 2017?

Amount of inventory of unsold straight chairs?