A company uses a normal cost system to account for jobs it produces and closes out any over-or under-applied manufacturing overhead directly to Cost of Goods Sold at the end of each quarter. Beginning balances from the Balance Sheet on August 1 are shown in the table below. The table uses the following abbreviations: A summary of transactions completed in the quarter is shown below in $1,000 's: Q. The net operating income ofter adjustment for over-or underapolied overhead was: Answer: Q. The ending balance in Work in Process (WIP) Inventory was