Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 80% complete with respect to conversion; the ending work-in-process inventory is 45% complete. The following data pertain to May: Units Work in process, May 1 16,900 Units started during May 69,500 Units completed and transferred out 77,500 Work in process, May 31 8,900 Total Direct Materials Conversion Costs Costs: Work in process, May 1 $ 50,750 $ 20,300 $ 30,450 Costs incurred during May 240,330 75,800 164,530 Totals $ 291,080 $ 96,100 $ 194,980 Using the weighted-average method of process costing, the total costs remaining in work in process on May 31 are closest to (Do not round intermediate calculations):