In fiscal 2023, Monty Realty Corporation purchased unimproved land for $57,600. The land was improved and subdivided into building lots at an additional cost of $35,900. 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 $19,400 for the year. At year end, there were also unsold lots remaining, as follows: Determine the year-end inventory and net income of Monty Realty. Ignore income taxes. (Do not round intermediate calculations. Round final answers to 0 decimal places, e.g. 5,275.)