Direct materials purchased were $150,000 and total manufacturing costs incurred were $100,000 this year. Cost of goods sold this year was $250,000. Additionally, $220,000 of finished units were transferred into finished goods inventory. At the end of the current year, there was $180,000 of finished goods on hand. How much was finished goods inventory at the beginning of the current year? type out your calculation and clearly identify your final answer. HTML BIVA - A. I E3 3 1 1 x xE VG 12pt