Sprint Shoes Inc. had a beginning inventory of 9,850 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 44,200 units with the following costs:

Material	$ 17.50 per unit
Labor	8.80 per unit
Overhead	10.30 per unit

Sales for the year were 47,590 units at $42.60 each. Sprint Shoes uses LIFO accounting.

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

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

ending inventory______________