Annapolis Clothing Company manufactures quality boating attire. The following selected financial information for the fiscal year 2020 is provided:

Item Amount:

Sales $200,000

Cost of Goods Manufactured 41,000

Direct Material Purchased 80,000

Factory Overhead 20,000

Work in Process - January 1 60,000

Work in Process - December 31 30,000

Direct Material - December 31 20,000

Finished Goods Inventory - December 31 45,000

Net Income 30,000

Direct Materials used 60,000

Cost of Goods Sold 69,000

Use this information to determine the dollar amount of Annapolis Clothing's Finished Goods Inventory for January 1, 2020. Round to a whole number (no cents).