Jerrico Wallboard Co. had a beginning inventory of 9,800 shoes on January 1, 20XX. The costs associated with the inventory were as follows:

Material	$	11.00	per shoe
Labour		6.00	per shoe
Overhead		4.10	per shoe

During 20XX, the firm produced 44,100 units with the following costs:

Material	$	16.50	per shoe
Labour		8.80	per shoe
Overhead		9.30	per shoe

Sales for the year were 47,570 units at $41.60 each. Jerrico uses average cost accounting.

a. What was the gross profit? (Do not round intermediate calculations. Round your answer to nearest whole dollar.)

Gross profit $

b. What was the value of ending inventory? (Do not round intermediate calculations. Round your answer to nearest whole dollar.)

Ending inventory $