Normans Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2014, Norman 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	7,500	$120	$900,000
Midsize	9,800	300	2,940,000
Flat-screen	3,900	480	1,872,000
21,200	$5,712,000

During 2014, the company had the following purchases and sales.

Category	Quantity Purchased	Cost per Unit	Quantity Sold	Selling Price per Unit
Portable	17,000	$132	15,000	$180
Midsize	21,200	360	25,900	486
Flat-screen	11,100	600	7,500	720
49,300	48,400

(a1) Calculate price index.(Round price index to 4 decimal places, e.g. 1.4562.)

Price index

(a2) Compute ending inventory, cost of goods sold, and gross profit.(Round answers to 0 decimal places, e.g. 6,548.)

Ending inventory	$
Cost of goods sold	$
Gross profit	$