Question 1 of 10 071 III During 2020, Whispering Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Whispering for a lump sum of $77,805 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. Type No. of Chairs Estimated Selling Price Each 520 $90 Lounge chairs Armchairs 390 80 Straight chairs 910 50 During 2020. Whispering sells 260 lounge chairs, 130 armchairs, and 156 straight chairs What is the amount of gross profit realized during 20207 What is the amount of Inventory of unsold straight chairs on December 31, 20207 (Do not round relative sales price. Round cost per chair to 2 decimal places, eg. 78.25 and final answer to decimal places, eg. 5,845) Gross profit realized during 2020 9 2223358 Amount of inventory of unsold straight chaits s 3700 to search i e o Question 1 of 10 During 2020, Whispering Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Whispering for a lump sum of $77,805 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. Type No. of Chairs Estimated Selling Price Each Lounge chairs 520 $90 Armchairs 390 80 Straight chairs 910 50 During 2020. Whispering sells 260 lounge chairs. 130 armchairs, and 156 straight chairs. What is the amount of gross profit realised during 20207 What is the amount of inventory of unsold straight chairs on December 31. 20203 (Do not round relative sales price. Round cost per chair to 2 decimal places eg. 78.25 and final answer to decimal places, es, 5,845) Groasprot realized during 2020 2723358 Amount of inventory of unsold straight chairs 37700 Type here to search D