Beginning Ending Inventory Inventory (January (December 1) 31) $ ?? $ 37,000 $ $ 32,000 Work in Process Inventory Finished Goods Inventory ?? Additional information for the year is as follows: Direct materials used $ 210,000 Direct labor $160,000 Manufacturing overhead applied $170,000 Cost of goods manufactured $535,000 Unadjusted cost of goods sold $554,000 What amount should be in the beginning Finished Goods Inventory balance on January 1? Multiple Choice $51,000 O $52,000 O $71,000 O $67,000