During 2020, Headland Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Headland for a lump sum of $77,805 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. Estimated Selling Price Each $90 Type Lounge Chairs Armchairs Straight chairs No. of Chairs 520 390 910 During 2020, Headland sells 260 lounge chairs, 130 armchairs, and 156 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, 2020? (Round cost per chair to 2 decimal places 78.25 and final answer to O decimal places, e-9.5.845.) Gross profit realized during 2020 Amount of inventory of unsold straight chairs