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during 2025, tamarisk furniture company purchases a carload of wicker chairs. the manufacturer sells the chairs to tamarisk for a lump of sum of $125685

during 2025, tamarisk furniture company purchases a carload of wicker chairs. the manufacturer sells the chairs to tamarisk for a lump of sum of $125685 because it is discountinuing 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 840 $90 armchairs 630 80 straight chairs 1470 50 during 2025, tamarisk sells 420 lounge chairs, 210 armchairs, and 252 straight chairs. a) what is the amount of gross profit realized during 2025? b) what is the amount of inventory of unsold straight chairs on December 31, 2025?

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