Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter worked on five industrial jobs and reported the following information at year-end: What was the balance in Work-in-Process Inventory at year-end? Supporting Materials Direct Materials Direct Labor Allocated Mfg. Overhead Job 1 1,000 12,000 1,500 Job 2 7,500 20,000 6,000 Job 3 4,000 13,000 2,500 500 Job 4 Job 5 3,500 1,500 12000 900 7,500 Not Nov 1 completed Not sold N/A N/A N/A Job completed: Job sold: Revenues: Jun 30 Jul 10 25,000 Sep 1 Sep 12 39,000 Oct 15 Not sold N/A O $2,900 O $2,400 o $2,000 O $1,400