1. An insurance investigator is trying to reconstruct the accounting records of the Fishman Company. Some data were destroyed in a fire, but the following information has been collected:

Sales	$44,000
Direct materials purchased	$8,000
Manufacturing overhead	$13,000
Sales commissions	$2,000
Direct labor	$4,000
Direct materials used	$7,600
Gross margin	$12,000
Accounts payable, beginning balance	$1,700
Accounts payable, ending balance	$1,500
Work in process, beginning balance	$1,300
Work in process, ending balance	$800

In addition, the investigator learned that the beginning balance of finished goods inventory was twice its ending balance

Required: What is the ending inventory of finished goods?