Bernie, Ltd. manufactures a single product. During the month of November, 4,000 units were sold for $490, while 4,800 units were produced. Their November variable costing income statement showed the following expenses:

• Variable Cost of Goods Sold: $588,000
• Variable Selling and Administrative: $156,800
• Fixed Manufacturing: $705,600
• Fixed Selling and Administrative: $176,400

If November 1 inventory was 1,600 units, what is the value of the November 30 finished goods inventory under absorption costing?