View Policies Current Attempt in Progress During 2020, Sage Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sage for a lump sum of $149,625 because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimat selling price for each are listed below. Estimated Selling Price Each Type No. of Chairs Lounge chairs 1.000 $90 Armchairs 750 80 Straight chairs 1,750 50 During 2020, Sage sells 500 lounge chairs, 250 armchairs, and 300 straight chairs. What is the amount of gross proft realized during 2020? What is the amount of inventory of unsold straight chairs on December 31, 2020? (Round cost per chair to 2 decimal places, eg. 78.25 and final answer to decimal places, eg. 5,845) Gross profit realized during 2020 $ Amount of inventory of unsold straight chairs $