Sprint Shoes Inc. had a beginning inventory of 9,350 units on January 1, 20X1. The costs associated with the inventory were: Material $ 12.00 per unit Labor 7.00 per unit Overhead 5.10 per unit During 20X1, the firm produced 43,200 units with the following costs: Material $ 13.50 per unit Labor 5.80 per unit Overhead 6.30 per unit Sales for the year were 47,390 units at $39.60 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