A manufacturer reports the following costs to produce $30,000$ units in its first year of operations: direct materials, $$30$ per unit, direct labor, $$26$ per unit, variable overhead, $$300,000,$ and fixed overhead, $$450,000.$ Of the $30,000$ units produced, $29,200$ were sold, and $800$ remain in inventory at year$-$end. Under absorption costing, the value of the inventory is:N