Sprint Shoes Inc. had a beginning inventory of 9,300 units on January 1, 20X1. The costs associated with the inventory were:

Material	$ 11.00 per unit
Labor	6.00 per unit
Overhead	4.10 per unit

During 20X1, the firm produced 43,100 units with the following costs:

Material	$ 16.50 per unit
Labor	9.80 per unit
Overhead	8.30 per unit

Sales for the year were 47,370 units at $45.00 each. Sprint Shoes uses LIFO accounting.

a. What was the gross profit? (Do not round intermediate calculations.)

b. What was the value of ending inventory? (Do not round intermediate calculations.)