Newmans Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2017, Newman adopted dollar-value LIFO and decided to use a single inventory pool. The companys January 1 inventory consists of:

Category		Quantity		Cost per Unit		Total Cost
Portable		6,300		$125		$ 787,500
Midsize		7,700		313		2,410,100
Flat-screen		2,900		500		1,450,000
		16,900				$4,647,600

During 2017, the company had the following purchases and sales.

Category		Quantity Purchased		Cost per Unit		Quantity Sold		Selling Price per Unit
Portable		14,400		$138		13,800		$188
Midsize		20,100		375		23,300		506
Flat-screen		10,100		625		6,300		750
		44,600

Calculate price index and Compute ending inventory, cost of goods sold, and gross profit and Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit.