21. Everspring, Inc. has the following data for 2018. its first year of operations (this means all accounts had $0 beginning balances). Any over/under-applied overhead is closed out proportionately to the applicable accounts. Actual overhead $15,000 Cost of goods manufactured (unadjusted) $30,000 Cost of goods sold (unadjusted) $15,000 Predetermined overhead rate $50 per direct labor hour Direct labor hours used 200 Direct labor rate $100 per hour Raw materials purchased $55,000 Raw materials used ($30,000 direct, $10,000 indirect) $40,000 What amount would be shown as "Inventory" on the Balance Sheet at the end of the year