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During 2025, Blossom Furniture Company purchases a carload of wicker chairs. The manufacturer sells the...

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Accounting

During 2025, Blossom Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to
Blossom for a lump sum of $167,580 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 estimated selling price for each are listed
below.
During 2025, Blossom sells 560 lounge chairs, 280 armchairs, and 336 straight chairs.
(a)
Your answer is incorrect.
What is the amount of gross profit realized during 2025?(Round cost per chair to 2 decimal places, e.g.78.25 anuTu
answer to 0 decimal places, e.g.5,845.)
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