During 2020, Windsor Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Windsor for a lump sum of $119,700 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. During 2020, Windsor sels 400 lounge chairs, 200 armchairs, and 240 straight chairs: What is the amount of gross proft realized during 20207 What is the amount of irventery of unsold straight chairs on December 31. 2020 (Do not round relotive sales price. Round cost per chair to 2 decimal places, eg. 78.25 and final answer to 0 decimal ploces, es. 5.845