ightyear Company manufactures TVs. Lightyear began 2019 with an inventory of 1,200 TVs. During the year, it produced 2,500 IVS and sold 2,800 for $400 each. Fixed production costs were $351,000, and variable production costs were $125 per unit. Fixed advertising, marketing, and other general and administrative expenses were $90,000, and variable shipping costs were $25 per TV. Assume that the cost of each unit in beginning inventory is equal to 2019 inventory cost