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During 2025, Sunland Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sunland for a lump sum of $107,730 because

During 2025, Sunland Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sunland for a lump sum of $107,730 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 Lounge chairs Armchairs Straight chairs No. of Chairs 720 540 1,260 Estimated Selling Price Each $90 80 50 During 2025, Sunland sells 360 lounge chairs, 180 armchairs, and 216 straight chairs.
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During 2025, Sunland Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sunland for a lump sum of $107,730 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 2025 , Suntand selk 360 lounge chairs, 180 armchairs, and 216 straight chairs. What is the amount of gross profit realized during 2025? (Round cost per chair to 2 decimal places, es.78.25 and final answer to 0 decimal ploces, es, 5,845.) Grossprofit realized during 2025

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