Considering the following information for 2003:

Raw Materials Inventory, 1/1/03	$246,000
Work in Process Inventory, 1/1/03	412,000
Finished Goods Inventory, 1/1/03	172,000
Raw materials purchased	841,000
Raw materials issued to production	923,000
Direct labor costs incurred	184,000
Manufacturing overhead costs incurred	453,000
Cost of goods manufactured	1,619,000
Cost of goods sold	1,713,000

What is the balance in the Finished Goods Inventory at December 31, 2003?

a.	$19,000
b.	$78,000
c.	$113,000
d.	$595,000