During 2017, Whispering Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Whispering for a lump sum of $64,300 because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. 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		400		80
Straight chairs		700		50

During 2017, Whispering sells 200 lounge chairs, 110 armchairs, and 140 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?

I got right the gross profit realized during 2017 as 12702 but 43166 for the amount of inventory unsold is wrong.