Columbia Corporation produces a single product. The company's variable costing income statement for November appears below:

Columbia Corporation
Income Statement
For the Month ended November 30
Sales ($19 per unit)	$	815,100
Variable expenses:
Variable cost of goods sold		429,000
Variable selling expense		128,700
Total variable expenses		557,700
Contribution margin		257,400
Fixed expenses:
Manufacturing		140,920
Selling and administrative		70,460
Total fixed expenses		211,380
Net operating income	$	46,020

During November, 35,230 units were manufactured and 8,210 units were in beginning inventory. Variable production costs per unit, total fixed manufacturing expenses, and the number of units produced were the same in prior months.

The value of the company's inventory on November 30 under absorption costing would be: