During 2020, Grouper Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Grouper for a Tump sum of $167,580 because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. Three types of chales are included in the carload. The three types and the estimated selling price for each are listed below. Type Lounge chairs Arnhales Straight chairs No. of Chairs 1.120 840 1.960 Estimated Selling Price Each $90 80 50 During 2020. Grouper sells 560 lounge chairs 280 armchairs and 36 straight chairs What is the amount of gross profit realized during 2020 What is the amount of inventory of unsold straight chairs on December 31 20201 (Round cost per chair to 2 decimal places. 7825 and final awer to decimal places. e. 5,845) Geoported during 2020 Amount inventory untold Strathair