The Bradley Corporation produces a product with the following costs as of July 1, 20X1: Beginning inventory at these costs on July 1 was 3,200 units. From July 1 to December 1, 20X1, Bradley Corporation produced 12,400 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 13,800 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?