Company Y had the following accounts on its balance sheet. Building $500,000, Cash $1,300,000, Prepaid Insurance $12,000, Patents $25,000, Common Stock $925,000, Bonds Payable $1,525,000. Assume no other asset accounts on the company's balance sheet other than inventory. Total current assets were $1,950,000. What is the balance of the inventory account?

$113,000

$650,000

$638,000

$613,000