Conrad, Inc. recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records. Cost of Goods Sold $74,500 Work-in-Process Inventory, Beginning Work-in-Process Inventory, Ending Selling and Administrative Expense 14,300 10,900 19,750 Finished Goods Inventory, Ending Finished Goods Inventory, Beginning Direct Materials Used 20,225 ? ? Factory Overhead Applied 13,900 Operating Income 15,045 Direct Materials Inventory, Beginning Direct Materials Inventory, Ending 11,855 6,665 Cost of Goods Manufactured 68,930 Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The CFO of Conrad, Inc. has asked you to recalculate the following accounts and to report to him by the end of the day. What is the amount in the finished goods inventory at the beginning of the year?