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During its first year of operations, Silverman Company Pald $14,000 for direct materials and $19,000 for production workers wages Lease payments and utilities on the

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During its first year of operations, Silverman Company Pald $14,000 for direct materials and $19,000 for production workers wages Lease payments and utilities on the production facilities amounted to $17.000 while general, selling, and acministrative expenses totaled $8,000 The company produced 5,000 units and sold 3.000 units at a price of $15.00 a unit, What is the amount of finished goods Inventory on the balance sheet styear end

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