In fiscal 2023, Swifty Realty Corporation purchased unimproved land for $57,000. The land was improved and subdivided into building lots at an additional cost of $35,100. These building lots were all the same size but, because of differences in location, were offered for sale at different prices, as follows: Group 1 2 3 Number of Lots Group 1 Group 2 Group 3 10 16 24 5 lots 7 lots Operating expenses that were allocated to this project totalled $19,300 for the year. At year end, there were also unsold lots remaining, as follows: 4 lots Year-end inventory Net income/(Loss) Price per Lot $ $3,410 Determine the year-end inventory and net income of Swifty Realty. Ignore income taxes. (Do not round intermediate calculations. Round final answers to 0 decimal places, e.g. 5,275.) $ 4,400 2,350 29472 49500

In fiscal 2023, Swifty Realty Corporation purchased unimproved land for $57,000. The land was improved and subdivided into building lots at an additional cost of $35,100. 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 $19,300 for the year. At year end, there were also unsold lots remaining, as follows: Determine the year-end inventory and net income of Swifty Realty. Ignore income taxes. (Do not round intermediate colculations. Round final onswers to O decimal places, es. 5,275.) Year-end imventory Net income/(Loss)