A business operated at 100% of capacity during its first month and incurred the following costs:

Production costs (17,100 units):
Direct materials	$181,600
Direct labor	228,800
Variable factory overhead	257,800
Fixed factory overhead	94,500	$762,700
Operating expenses:
Variable operating expenses	$123,200
Fixed operating expenses	43,800	167,000

If 1,500 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is