During 2025, Novak Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Novak for a lump sum of $179,550 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	1,120	$90
Armchairs	840	80
Straight chairs	1,960	50

During 2025, Novak sells 600 lounge chairs, 300 armchairs, and 360 straight chairs.

What is the amount of gross profit realized during 2025?