Problem 8-8 Leons Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2017, Leon 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 5,700 $130 $ 741,000 Midsize 7,600 325 2,470,000 Flat-screen 2,900 520 1,508,000 16,200 $4,719,000 During 2017, the company had the following purchases and sales. Category Quantity Purchased Cost per Unit Quantity Sold Selling Price per Unit Portable 15,300 $143 14,300 $195 Midsize 20,800 390 23,100 527 Flat-screen 10,400 650 5,700 780 46,500 43,100 Calculate price index. (Round price index to 4 decimal places, e.g. 1.4562.) Price index LINK TO TEXT 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 $ LINK TO TEXT Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit. (Round price index to 6 decimal places, e.g. 1.456287 and final answers to 0 decimal places, e.g. 6,548.) Ending inventory $ Cost of goods sold $ Gross profit $