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During 2020, Swifty Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Swifty for a lump sum of $173,565 because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimated selling price for each are listed below. Estimated Selling Price Each Type No. of Chairs Lounge chairs 1,160 $90 Armchairs 870 80 Straight chairs 2.030 50 During 2020, Swifty sells 580 lounge chairs, 290 armchairs, and 348 straight chairs. What is the amount of gross profit realized during 2020? What is the amount of inventory of unsold straight chairs on December 31, 2020? (Do not round relative sales price. Round cost per chair to 2 decimal places, e.g. 78.25 and final answer to 0 decimal places, e.g. 5,845.) Gross profit realized during 2020 $ Amount of inventory of unsold straight chairs $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit