The Bradley Corporation produces a product with the following costs as of July 1, 20X1: Material Labor Overhead $5 per unit 3 per unit 1 per unit Beginning inventory at these costs on July 1 was 3,700 units. From July 1 to December 1, 20X1, Bradley Corporation produced 13,400 units. These units had a material cost of $2, labor of $3, and overhead of $4 per unit. Bradley uses LIFO inventory accounting. a. Assuming that Bradley Corporation sold 15,800 units during the last six months of the year at $14 each, what is its gross profit? Gross profit b. What is the value of ending inventory? Ending inventory