A company produces a single product. Variable production costs are $13.5 per unit and variable selling and administrative expenses are $4.5 per unit. Fixed manufacturing overhead totals $51,000 and fixed selling and administration expenses total $55,000. Assuming a beginning inventory of zero, production of 5,500 units and sales of 4,350 units, the dollar value of the ending inventory under variable costing would be:

$25,875

$15,525

$20,700

$10,350