In fiscal $2023,$ Blue Spruce Realty Corporation purchased unimproved land for $$54,300.$ The land was improved and subdivided into

building lots at an additional cost of $$35,600.$ These building lots were all the same size but, because of differences in location, were

offered for sale at different prices, as follows:

Operating expenses that were allocated to this project totalled $$18,800$ for the year. At year end, there were also unsold lots

remaining, as follows:

Group $14$ lots

Group $26$ lots

Group $34$ lots

Determine the year$-$end inventory and net income of Blue Spruce Realty. Ignore income taxes. $($Do not round intermediate calculations.

Round final answers to $0$ decimal places, e$.$g$.5,275.)$