Horton Corporation entered into the following transactions during its first year of operations. All transactions involve cash 1) Acquired $2,000 of capital from the owners. 2) Purchased $600 of direct raw materials. 3) Used $500 of these direct raw materials in the production process. 4) Paid production workers $900 cash. 5) Paid $400 for manufacturing overhead (applied and actual overhead are the same). 6) Started and completed 200 units of inventory 7) Sold 50 units at a price of $12 each. 8) Paid $80 for selling and administrative expenses. Determine the absorption ending inventory .dollar for this month