A manufacturing company produces car engines. The following accounts relates to its manufacturing process: Account information Cost of goods available for sale Cost of goods sold Direct labor costs Direct materials used Finished goods- January 1 Dollar Value ($) $450,000 $300,000 $ 55,000 $110,000 $ 45,000 Work in process - January 1 Work in process - December 31 Given the above information, calculate the ending balance for finished goods. $ 22,000 $ 16,000 Note: Enter your answer with a dollar symbol and with a comma separator ($100,000)