Last year, Delbert Company produced 10,000 units and sold 9,000 units. Costs for last year were as follows: Direct materials $10,000 Direct labor 15,000 Variable factory overhead 5,000 Fixed factory overhead 20,000 Fixed factory overhead is applied based on expected production. Last year, Delbert expected to produce 10,000 units. Refer to Figure 8-1. Assuming that beginning inventory was zero, what is the value of ending inventory under absorption costing?