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

Material	$4 per unit
Labor	2 per unit
Overhead	2 per unit

Beginning inventory at these costs on July 1 was 3,150 units. From July 1 to December 1, 20X1, Bradley Corporation produced 12,300 units. These units had a material cost of $4, labor of $6, and overhead of $3 per unit. Bradley uses LIFO inventory accounting.

a. Assuming that Bradley Corporation sold 13,600 units during the last six months of the year at $18 each, what is its gross profit?

b. What is the value of ending inventory?