During 2022, its first year of operations, ABC Company produced 15,000 units and sold 12,000 units. During 2023, ABC Company produced 26,000 units and sold 19,000 units. The following information was taken from ABC s accounting records for 2022 and 2023 : Assume the selling price of ABC Company's product was $42 per unit for both years. Calculate the dollar amount of ABC Company's finished goods inventory that would appear on the December 31, 2022 balance sheet using absorption costing