Problem 3-08 (Part Level Submission) Anthony's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2020, Anthony adopted dollar-value LIFO and decided to use a single inventory pool. The company's January 1 Inventory consists of: Category Quantity Cost per Unit Total Cost Portable 15,600 $100 $ 1,560,000 Midsize 20,800 250 5,200,000 Flat-screen 7,800 400 3,120,000 44,200 $9,880,000 During 2020, the company had the following purchases and sales. Quantity Quantity Selling Price Category Purchased Cost per Unit Sold per Unit Portable 39,000 $110 36,400 $150 Midsize 52,000 300 62,400 400 Flat-screen 26,000 500 15,600 600 117,000 114,400 (a1) Your answer is incorrect. Try again. Calculate price index. (Round price index to 4 decimal places, e.g. 1.4562.) Price index 1.4395 SHOW SOLUTION LINK TO TEXT (a2) Your answer is incorrect. Try again. Compute ending inventory, cost of goods sold, and gross profit. (Round answers to o decimal places, e.g. 6,548.) Ending inventory 12766000 Cost of goods sold xx 30004000 Gross profit 9776000 (b) Assume the company uses three inventory pools instead of one. Compute ending Inventory, cost of goods sold, and gross profit. (Round price Index to 2 decimal places, c.g. 1.45 and final answers to o decimal places, e.g. 6,548.) $ Ending inventory Cost of goods sold Gross profit $ $ LINK TO TEXT