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 ($18 per unit)	$	745,200
Variable expenses:
Variable cost of goods sold		414,000
Variable selling expense		82,800
Total variable expenses		496,800
Contribution margin		248,400
Fixed expenses:
Manufacturing		143,920
Selling and administrative		71,960
Total fixed expenses		215,880
Net operating income	$	32,520

During November, 35,980 units were manufactured and 8,150 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: