During the month of January. Cloudland Company had a beginning Work-in-process inventory of $30,000. Cloud and used 55.000 of direct materials, $3.000 of indirect materials incurred $20.000 of direct labor costs, paid the insurance bill on the factory of $1.000 and applied manufacturing overhead costs of $4,000. If the cost of goods manulactured transferred to finished good inventory was $40,000, what is the ending balance in the Work-In-Process inventory account? $28.000 $19.000 $25.000 $24,000