Question 7 of 10 < > View Policies Current Attempt in Progress -13 E During 2020, Oriole Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Oriole for a lump sum of $83.790 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 Type No. of Chairs Price Each Lounge chairs 560 Armchairs 420 Straight chairs 980 $90 80 50 During 2020, Oriole sells 280 Sounge chairs, 140 armchairs, and 168 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. 2020 (De not round relative sales price. Round cost per chair to 2 decimal places, eg. 78.25 and final answer to O decimal places, eg. 5,845) Grass graft realized during 2020 C