Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records Cost of Goods Sold Work-in-Process Inventory, Beginning Work-in-Process Inventory, Ending Selling and Administrative Expense Finished Goods Inventory, Ending $ 71,000 12,900 10,200 18,000 18,300 Finished Goods Inventory, Beginning Direct Materials Used Factory Overhead Applied Operating Income Direct Materials Inventory, Beginning Direct Materials Inventory, Ending 13,200 14,660 11,540 6,420 65,640 Cost of Goods Manufactured Direct labor cost incurred during the period amounted to 15 times the factory overhead. The Chief Financial Officer of Conrad, Incorporated 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?