Sprint Shoes Inc. had a beginning inventory of 10,250 units on January 1, 20X1. The costs associated with the inventory were: Material Labor Overhead $ 15.00 per unit 8.ee per unit 7.10 per unit 55 During 20x1, the firm produced 45,000 units with the following costs: Material Labor Overhead $ 13.50 per unit 5.80 per unit 6.38 per unit Sales for the year were 47750 units at $43.00 each. Sprint Shoes uses LIFO accounting a. What was the gross profit? (Do not round intermediate calculations.) ces Gross profit b. What was the value of ending inventory? (Do not round intermediate calculations.) Ending inventory