The Bradley Corporation produces a product with the following costs as of July 1, 20X1:

Material	$1 per unit
Labor	3 per unit
Overhead	2 per unit

Beginning inventory at these costs on July 1 was 3,800 units. From July 1 to December 1, 20X1, Bradley Corporation produced 13,600 units. These units had a material cost of $4, labor of $6, and overhead of $4 per unit. Bradley uses LIFO inventory accounting.

a. Assuming that Bradley Corporation sold 16,200 units during the last six months of the year at $19 each, what is its gross profit?

b. What is the value of ending inventory?