1. In 2021, the Delmar Design Agency, Inc. purchased 657,400 units from its supplier at a cost of $260.00 per unit. Delmar Design Agency sold 710,300 units of its product in 2021 at a price of $298.00 per unit. Delmar Design Agency began 2021 with 65,400 units in inventory (inventory is carried at a cost of $260.00 per unit). In 2021, operating expenses for Delmar Design Agency, Inc. were $15,498,300, interest expense was

$3,120,300, taxes were $4,329,400 and dividends paid were $182,300. Using this information, compute Delmar Design Agencys gross profit for 2021.

Referring back to the previous question, compute Delmar Design Agencys 2021 ending inventory balance in dollars (valued at cost per unit of $260.00).